Attachment Exhibit A

This document pretains to SES-T/C-20130316-00253 for Transfer of Control on a Satellite Earth Station filing.

IBFS_SESTC2013031600253_990212

                                            Exhibit A
                                  Description of the Transaction

This application seeks consent to transfer control of Satellite Earth Station License E050285 from
Outdoor Channel Holdings, Inc., a Delaware corporation (“Outdoor Channel”), to Kroenke Sports &
Entertainment, LLC, a Delaware limited liability company (“KSE”).

On March 13, 2013, Outdoor Channel entered into a definitive merger agreement (the “KSE Merger
Agreement”) with KSE and KSE Merger Sub, Inc., a Delaware corporation and direct wholly owned
subsidiary of KSE (“Merger Sub”). Under the terms of the KSE Merger Agreement, at the closing,
Merger Sub will merge with and into Outdoor Channel, with Outdoor Channel as the surviving
corporation (the “KSE Merger”). As a result of the consummation of the KSE Merger, Outdoor
Channel will become a wholly owned subsidiary of KSE and shares of Outdoor Channel common
stock will no longer be listed for trading on NASDAQ.

Prior to entering into the KSE Merger, Outdoor Channel had entered an Agreement and Plan of
Merger, dated as of November 15, 2012, among InterMedia Outdoors Holdings, LLC, InterMedia
Outdoor Holdings, Inc., Outdoor Merger Sub, LLC and Outdoor Merger Corp (“Intermedia
Agreement”). On February 19, 2013, the Commission approved the assignment of Satellite Earth
Station License E050285 from Outdoor Channel to InterMedia Partners VII, L.P.1 This transaction
has not been consummated and, in light of Outdoor Channel’s subsequent agreement to enter into
the KSE Merger, will not be consummated.

Pursuant to the terms of the KSE Merger, the applicants seek approval to transfer control of Satellite
Earth Station License E050285 from Outdoor Channel to KSE.




1
 See Federal Communications Commission, Public Notice, Report No. SES-01529 (Feb. 20, 2013),
available at http://licensing.fcc.gov/ibfsweb/ib.page.FetchPN?report_key=986018.



Document Created: 2013-03-15 20:11:44
Document Modified: 2013-03-15 20:11:44

© 2024 FCC.report
This site is not affiliated with or endorsed by the FCC