Attachment Exhibit E

This document pretains to SES-T/C-20170901-00974 for Transfer of Control on a Satellite Earth Station filing.

IBFS_SESTC2017090100974_1269399

                                                                                 FCC Form 312
                                                                                     Exhibit E


       CHANGES IN INTERESTS AS A RESULT OF TRANSFER OF CONTROL

        This application seeks the Commission’s consent to the voluntary pro forma transfer of
control of Commonwealth Public Broadcasting Corporation (“CPBC”), the licensee of the
following radio and TV stations: WCNV, Heathsville, VA (Fac. ID No. 90292); WCVE-FM,
Richmond, VA (Fac. ID No. 10016); WCVE-TV, Richmond, VA (Fac. ID No. 9987);
WCVW, Richmond, VA (Fac. ID No. 9989); WHTJ, Charlottesville, VA (Fac. ID No. 9990);
WMVE, Chase City, VA (Fac. ID No. 90273); WNVC, Fairfax, VA (Fac. ID No. 9999); and
WNVT, Goldvein, VA (Fac. ID No. 10019).

        For internal business purposes, a new entity – Virginia Foundation for Public Media
(“VFPM”) – has been created. VFPM is a type III “supporting” organization under IRS rules.
See 26 U.S.C. 509(a)(3). CPBC intends to become the “supported” organization. VFPM will
exercise control over CPBC by appointing Appointed Directors to the CPBC board of directors.
Appointed Directors shall comprise the majority of directors of the CPBC board of directors.
VFPM will also have the right to remove any Appointed Director, with or without cause, upon
the affirmative vote of two-thirds of the directors of VFPM. VFPM will not have any voting or
equity rights with respect to CPBC.

        The board of directors of CPBC was approved by the Commission in 2015. See FCC File
No. BTCED-20150513ABB. More than 50% of the individuals who made up the board of
directors of CPBC when the Form 316 was filed in May 2015 will serve on the board of directors
of VFPM.

        Because ultimate control of the licensee will remain with individuals passed upon by the
FCC in 2015, the FCC’s consent is appropriately sought in an FCC Form 316 pursuant to Section
73.3540(f)(5) of the Commission’s Rules. The chart in Attachment A depicts the complete list of
current members of the board of directors of VFPM and the complete list of current members of
the board of directors of CPBC.

        Other than as described herein, no other changes to the ownership or management of
CPBC are contemplated by the creation of VFPM. CPBC will continue to be the licensee of the
stations listed above.


                                      ATTACHMENT A
                                    VFPM Board Composition

        On May 13, 2015, CPBC filed a Form 316 due to gradual changes in its board of directors that
resulted in more than a fifty percent overall change in the board (the “May 2015 Form 316”). The
transfer of control was approved by the FCC on July 6, 2015. See FCC File No. BTCED-
20150513ABB. Seven of the twelve directors listed on the May 2015 Form 316 will comprise the board
of VFPM. Four additional individuals, not listed on the May 2015 Form 316, will also be on the VFPM
board. Current directors for both VFPM and CPBC are listed below. All of the directors are U.S.
citizens and can be contacted c/o Commonwealth Public Broadcasting Corporation, 23 Sesame Street,
Richmond, VA 23235.

                                     Current VFPM Directors

                                                       APPROVED BY FCC ON
                           NAME                         BTCED-20150513ABB?
              Cynthia Bailey                                      Yes
              Michael Bisceglia                                   Yes
              Elizabeth E. Appel Blue                             Yes
              Richard Crawford                                    Yes
              Josh Dare                                           Yes
              Louise Martin                                       Yes
              Todd M. Stansbury                                   Yes
              Stephen Loderick                                    No
              Steve Humble                                        No
              Lu Alvarez                                          No
              Phillip Goodpasture                                 No

                                        Current CPBC Directors

                                                       APPROVED BY FCC ON
                            NAME                        BTCED-20150513ABB?
              Michael Bisceglia                                   Yes
              Elizabeth E. Appel Blue                             Yes
              Richard Crawford                                    Yes
              Josh Dare                                           Yes
              Dr. David Gould                                     Yes
              Marlene D. Jones                                    Yes
              Louise Martin                                       Yes
              Eric Rhoades                                        Yes
              Todd M. Stansbury                                   Yes
              Stephen Loderick                                    No
              Steve Humble                                        No
              Tanya Ross                                          No



Document Created: 2017-08-31 16:15:36
Document Modified: 2017-08-31 16:15:36

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