Attachment Exhibit E

This document pretains to SES-T/C-20150120-00032 for Transfer of Control on a Satellite Earth Station filing.

IBFS_SESTC2015012000032_1073658

FCC Form 312 Exhibit E DESCRIPTION OF TRANSACTION This application is additional to a number of previously filed applications that sought the Commission’s consent to a transaction (the “Transaction”) that combined the television broadcast operations of Media General, Inc. (“Existing Media General”) with those of LIN Media LLC (“LIN Media”). Specifically, those applications sought and have been granted authorizing: • consent to a long-form transfer of control of the license subsidiaries of LIN Media, by making LIN Media’s wholly owned subsidiary LIN Television Corporation (“LIN”) a wholly owned subsidiary of a new holding company, Mercury New Holdco, Inc. (which will be renamed Media General, Inc. at closing) (“Post-Merger Media General”); and • consent to a pro forma restructuring of Existing Media General to insert Post- Merger Media General and its newly-acquired subsidiary, LIN, above Existing Media General in the corporate structure (see post-merger Structure Charts attached hereto). At the conclusion of the Transaction, the shares of Post-Merger Media General are held approximately 67.4% by current shareholders of Existing Media General and 32.6% by current shareholders of LIN Media. The following tables provide information pertaining to the transferees and the structure of Post-Merger Media General. Name and Address Citizenship Positional Interest Percentage of Votes Percentage of Equity Attributable Interest Holders of Post-Merger Media General (1) (2) (3) (4) (5) Standard General Fund, L.P. U.S. Shareholder 20.25% 1 20.25% 767 Fifth Avenue, 12th Floor New York, NY 10153 1 Includes an interest held through Standard General Communications LLC. A variety of investment funds have participations in Standard General Fund L.P. and Standard General Communications LLC, which allow them to contractually participate in the financial results of those companies’ stock holdings, but which do not provide any ownership interest in the shares held by those companies or provide any right to vote or direct the sale/purchase of those shares. Those rights are held exclusively by Mr. Soohyung Kim.

FCC Form 312 Exhibit E Hicks, Muse, Tate & Furst U.S. Shareholder 12.56% 2 12.56% Equity Fund III, L.P. 2100 McKinney Avenue Suite 1600 Dallas, TX 75201 Vincent L. Sadusky U.S. President, Chief <1% <1% 333 E. Franklin Street Executive Richmond, VA 23219 Officer, Director J. Stewart Bryan III U.S. Chairman <1% <1% 333 E. Franklin Street Richmond, VA 23219 James F. Woodward U.S. Officer 0% 0% 333 E. Franklin Street Richmond, VA 23219 Deborah A. McDermott U.S. Officer 0% 0% 333 E. Franklin Street Richmond, VA 23219 Andrew C. Carington U.S. Officer 0% 0% 333 E. Franklin Street Richmond, VA 23219 Timothy J. Mulvaney U.S. Officer 0% 0% 333 E. Franklin Street Richmond, VA 23219 Robert S. Richter U.S. Officer 0% 0% 333 E. Franklin Street Richmond, VA 23219 Royal W. Carson III U.S. Director 0% 0% 333 E. Franklin Street Richmond, VA 23219 Diana F. Cantor U.S. Director 0% 0% 333 E. Franklin Street Richmond, VA 23219 H.C. Charles Diao U.S. Director <1% <1% 333 E. Franklin Street Richmond, VA 23219 Dennis J. Fitzsimons U.S. Director 0% 0% 333 E. Franklin Street Richmond, VA 23219 Soohyung Kim U.S. Director 20.25 3% 20.25% 2 Through the Hicks, Muse entities. 3 Through the Standard General entities.

FCC Form 312 Exhibit E 333 E. Franklin Street Richmond, VA 23219 Douglas W. McCormick U.S. Director 0% 0% 333 E. Franklin Street Richmond, VA 23219 Wyndham Robertson U.S. Director 0% 0% 333 E. Franklin Street Richmond, VA 23219 Thomas J. Sullivan U.S. Director 0% 0% 333 E. Franklin Street Richmond, VA 23219 John R. Muse U.S. Director 12.61% 12.61% 2100 McKinney Avenue Suite 1600 Dallas, TX 75201 Ownership of Attributable Shareholders of Post-Merger Media General The following charts provide information regarding Standard General and its principals: Standard General Fund, L.P. (1) (2) (3) (4) (5) Standard General Fund, L.P. U.S. N/A N/A N/A 767 Fifth Avenue, 12th Floor New York, NY 10153 Standard General GP LLC U.S. General 100.0% 2.0% 767 Fifth Avenue, 12th Floor Partner New York, NY 10153 Standard General L.P. U.S. Manager 0% 0% 767 Fifth Avenue, 12th Floor New York, NY 10153 Standard General Communications LLC (1) (2) (3) (4) (5) Standard General Communications U.S. N/A N/A N/A LLC 767 Fifth Avenue, 12th Floor New York, NY 10153 Standard General Fund, L.P. U.S. Member 0% 100% 767 Fifth Avenue, 12th Floor New York, NY 10153 Standard General Holdings L.P. U.S. Manager 100% 0%

FCC Form 312 Exhibit E 767 Fifth Avenue, 12th Floor New York, NY 10153 Standard General L.P. (1) (2) (3) (4) (5) Standard General L.P. U.S. N/A N/A N/A 767 Fifth Avenue, 12th Floor New York, NY 10153 Standard General Holdings L.P. U.S. General 100% 80.0% 767 Fifth Avenue, 12th Floor Partner New York, NY 10153 Standard General Holdings L.P. (1) (2) (3) (4) (5) Standard General Holdings L.P. U.S. N/A N/A N/A 767 Fifth Avenue, 12th Floor New York, NY 10153 Standard General S Corp. U.S. General 100% 0% 767 Fifth Avenue, 12th Floor Partner New York, NY 10153 Standard General S Corp. (1) (2) (3) (4) (5) Standard General S. Corp. U.S. N/A N/A N/A 767 Fifth Avenue, 12th Floor New York, NY 10153 Acme Amalgamated Holdings LLC U.S. Shareholder 100.0% 100.0% 767 Fifth Avenue, 12th Floor New York, NY 10153 Soohyung Kim U.S. Officer, 0% 0% 767 Fifth Avenue, 12th Floor Director New York, NY 10153 Standard General GP LLC (1) (2) (3) (4) (5) Standard General GP LLC U.S. N/A N/A N/A 767 Fifth Avenue, 12th Floor

FCC Form 312 Exhibit E New York, NY 10153 Standard General Management U.S. Member 100% 80.0% LLC 767 Fifth Avenue, 12th Floor New York, NY 10153 Standard General Management LLC (1) (2) (3) (4) (5) Standard General Management U.S. N/A N/A N/A LLC 767 Fifth Avenue, 12th Floor New York, NY 10153 Acme Amalgamated Holdings LLC U.S. Managing 100.0% 60% 767 Fifth Avenue, 12th Floor Member New York, NY 10153 Acme Amalgamated Holdings LLC (1) (2) (3) (4) (5) Acme Amalgamated Holdings LLC U.S. N/A N/A N/A 767 Fifth Avenue, 12th Floor New York, NY 10153 Soohyung Kim U.S. Managing 100.0% 100.0% 767 Fifth Avenue, 12th Floor Member New York, NY 10153 The following charts provide information regarding Hicks, Muse, Tate & Furst Equity Fund III, L.P. and its principals: Hicks, Muse, Tate & Furst Equity Fund III, L.P. (1) (2) (3) (4) (5) Hicks, Muse, Tate & Furst Equity U.S. N/A N/A N/A Fund III, L.P. 2100 McKinney Avenue Suite 1600 Dallas, TX 75201 HM3/GP Partners, L.P. U.S. General 100.0% 1% 2100 McKinney Avenue Partner Suite 1600 Dallas, TX 75201

FCC Form 312 Exhibit E HM3/GP Partners, L.P. (1) (2) (3) (4) (5) HM3/GP Partners, L.P. U.S. N/A N/A N/A 2100 McKinney Avenue Suite 1600 Dallas, TX 75201 Hicks, Muse GP Partners III, L.P. U.S. General 100.0% 1% 2100 McKinney Avenue Partner Suite 1600 Dallas, TX 75201 Hicks, Muse GP Partners III, L.P. (1) (2) (3) (4) (5) Hicks, Muse GP Partners III, L.P. U.S. N/A N/A N/A 2100 McKinney Avenue Suite 1600 Dallas, TX 75201 Hicks, Muse Fund III Incorporated U.S. General 100.0% 1% 2100 McKinney Avenue Partner Suite 1600 Dallas, TX 75201

Post-Merger Media General, Inc. Ownership Structure Soohyung Kim John R. Muse (through intervening entities) (through intervening entities) Standard General Hicks, Muse, Tate & Non- Non-Attributable Fund, L.P. Furst Equity Fund III, Attributable Media General, L.P. Former LIN Inc. Sole Member Shareholders Shareholders Attributable Standard General Attributable Shareholder Shareholder (approx. Communications LLC (approx. 12.56% votes) 2.8% votes) Attributable Shareholder (approx. 17.7% votes) (Post-Merger) Media General, Inc. 100% LIN Television Corporation KXRM-TV, Colorado Springs, CO/WTTA(TV), St. Petersburg, FL 100% Sole 100% Member MGOC, Inc. WHTM Acquisition LLC 100% 100% Media General Broadcasting, Media General LLC Communications, Inc. 100% 100% Young Broadcasting, LLC Media General Operations, Inc. 100% 100% Additional License Additional License License Subsidiary Subsidiaries Subsidiaries

Post-Merger Legacy Media General License Subsidiaries Structure Chart Young Broadcasting, LLC Media General Operations, Inc. Sole Shareholder Sole Member Young Young Broadcasting LAT, Broadcasting YBK, Young Young Young Young of Louisiana, Inc. of Knoxville, Inc. Broadcasting Broadcasting Broadcasting Broadcasting of Inc. Inc. of Rapid of San of Albany, Sioux Falls, Inc. City, Inc. Francisco, Inc. Inc. General KELO-TV, General Limited Partner KCLO-TV KRON-TV WTEN(TV), Partner Partner Sioux Falls, SD YBT, Rapid City, San Francisco, Albany, NY KPLO-TV, Sole Media General Communications Inc. Member General SD CA WCDC-TV, Reliance, SD Partner Holdings, LLC Adams, MA KDLO-TV, Florence, SD General WCBD-TV, Charleston, WV Partner Young WNCT-TV, Greenville, NC Broadcasting WSLS-TV, Roanoke, VA of Nashville, WJHL-TV, Johnson City, TN LLC Young Young Young Young WJTV(TV), Jackson, MS Broadcasting Broadcasting Broadcasting Broadcasting KLFY, LP WHLT(TV), Hattiesburg, MS of Richmond, of Lansing, of Davenport, of Green Bay, General WSAV-TV, Savannah, GA Inc. Inc. Inc. Inc. KLFY-TV Partner WFLA-TV, Tampa, FL Lafayette, WNCN(TV), Goldsboro, NC WRIC-TV WLNS-TV KWQC-TV WBAY-TV LA WKRG-TV, Mobile, AL Petersburg, Lansing, MI Davenport, IA Green Bay, WJBF(TV), Augusta, GA VA WI WRBL(TV), Columbus, GA WSPA-TV, Spartanburg, SC WYCW(TV), Asheville, NC WBTW(TV), Florence, SC WKRN, G.P. WATE, G.P. WCMH-TV, Columbus, OH WKRN-TV WATE-TV Nashville, TN Knoxville, TN

Post-Merger Legacy LIN Media License Subsidiaries Structure Chart LIN Television Corporation KXRM-TV, Colorado Springs, CO/WTTA(TV), St. Petersburg, FL Sole Member LIN of WHTM LIN of New LIN of WAVY KXAN LLC Primeland Alabama, Acquisition Mexico, LLC Colorado, Broadcasting, LLC LIN License LLC LLC LLC LLC KXAN-TV, Company, LLC KASA-TV, Austin; WLFI-TV, WFNA(TV), WHTM-TV, Santa Fe; KREZ-TV, WAVY-TV, KBVO(TV), Lafayette, KAII-TV, Hilo; Gulf Shores, Harrisburg, KRQE(TV), Durango, CO Portsmouth; Llano, TX IN KHAW-TV, AL PA Albuquerque; WVBT(TV), Wailuku; KBIM-TV, Virginia Beach, KHON-TV, Roswell, NM VA Honolulu, HI; KIMT-TV, Mason City, IA; KOIN(TV), Portland, OR; KSNG(TV), Garden City; TVL Broadcasting LLC KSNT(TV), Topeka; KSNC(TV), Great Bend; KSNW (TV), Wichita; KTMJ-CD, Topeka, KS; TVL WDTN Indiana WOOD WIVB WWLP WTNH KSNK(TV), Broadcasting Broadcasting, Broadcasting, License Broadcasting, Broadcasting, Broadcasting, McCook, NE; of Rhode LLC LLC Company, LLC LLC LLC LLC WIAT(TV), Birmingham, AL; Island, LLC WANE-TV, Ft. WDTN(TV), Wayne; WOOD-TV & WIVB-TV, WWLP(TV), WTNH(TV), WKBN(TV) & WPRI-TV, Dayton, OH WNDY-TV, WXSP-CD, Buffalo; Springfield, MA New Haven; WYFX-LD, Providence, RI Marion; Grand Rapids; WNLO(TV), WCTX(TV), Youngstown, OH WISH-TV, WOTV(TV), Buffalo, NY New Haven, Indianapolis; Battle Creek, CT WTHI-TV, Terre MI Haute, IN


Document Created: 2015-01-20 22:41:30
Document Modified: 2015-01-20 22:41:30
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