Attachment Exhibit E & F

This document pretains to SES-T/C-20171215-01346 for Transfer of Control on a Satellite Earth Station filing.

IBFS_SESTC2017121501346_1315033

                                                                                      FCC Form 312
                                                                                       Exhibit E & F
                                          FCC Form 312
                                          Exhibit E & F

                This application, along with one concurrently filed parallel application, notifies

the FCC of the proposed pro forma transfer of control of WBNS-TV, Inc., licensee of satellite

earth station registration E865090; and VideoIndiana, Inc., licensee of satellite earth station

registration E960139 (together with sister company VideOhio, Inc., the “Dispatch Licensees”).

Each of the Dispatch Licensees currently is directly wholly owned by The Dispatch Printing

Company (the “Company”). Nearly all of the issued and outstanding voting stock (99.8 percent)

of the Company is held by The Dispatch Printing Company Voting Trust (“Voting Trust”). All

stock subject to the Voting Trust is voted in the manner determined by a majority of the co-

trustees, who consist of Michael J. Fiorile, Bradley L. Campbell, Sara W. Perrini, Ann I. Wolfe,

and Katherine I. Wolfe.

                Various parties — primarily trusts established for the benefit of members of the

Wolfe family — own certificates in the Voting Trust. Holders of these certificates are entitled to

receive their proportionate share of any dividends issued by the Company with respect to

Company shares held by the Voting Trust and to vote on certain changes to the terms of the

Voting Trust, but these holders have no power to vote any Company stock held by the Voting

Trust (which power, as noted above, is held by the trustees of the Voting Trust). 1




1
  Out of an abundance of caution, the Dispatch Licensees note that the following individuals are
related to one or more of the Voting Trust’s trustees and indirectly hold — in their capacity as
trustees of trusts that hold Voting Trust certificates — a five percent or greater economic interest
in the Company: William C. Wolfe, Jr. (17.081%); Richard M. Wolfe (6.223%); Andrew B.
Wolfe (9.13%); Nancy W. Lane (7.67%); and Douglas B. Wolfe (5.6%). In addition, William C.
Wolfe, Jr. and Richard M. Wolfe each serve as trustees of separate trusts that hold Company
shares outside the Voting Trust; such shares, in the aggregate, equal less than one-tenth of one
percent of the Company’s shares.



DC: 6594589-1


                                                                                  FCC Form 312
                                                                                   Exhibit E & F
                                                                                          Page 2

               Upon consummation of the proposed transaction, The Dispatch Printing Company

would spin off WBNS-TV, Inc., and VideoIndiana, Inc., such that 99.8 percent of each entity’s

issued and outstanding voting stock would be held directly by the Voting Trust. 2 VideOhio, Inc.,

would become a wholly owned subsidiary of VideoIndiana, Inc. Thus, although The Dispatch

Printing Company no longer would be the parent of the Dispatch Licensees, ultimate control of

each Dispatch Licensee would remain the same before and after consummation of the

transaction. Diagrams depicting the Dispatch Licensees’ pre- and post-transaction ownership

structure are set forth in Attachment A hereto.

               The Dispatch Licensees use the Stations to support their broadcast television

operations. Grant of this application accordingly will serve the public interest by allowing the

Stations to continue to be used to provide important broadcast programming, including local

news and other items of community interest to residents in the Dispatch Licensees’ service areas.




2
 There would be no change in the distribution of certificates in the Voting Trust. The remaining
0.2 percent of the shares in each entity would be held by the same owners, in the same
proportions, as the non-Voting Trust shares of the Company.


                Attachment A




DC: 6594589-1


                                                                                                                FCC Form 312
                                                                                                                 Exhibit E & F


                                                            Before

 NOTE: All ownership is
 100% unless otherwise
 indicated.

                                                     The Dispatch Printing
                                                          Company*




                      WBNS-TV, Inc.                   VideoIndiana, Inc.                  VideOhio, Inc.

                      (WBNS-TV,                          (WTHR(TV),                        (WALV-CD,
                     Columbus, Ohio)                 Indianapolis, Indiana)            Indianapolis, Indiana)




                   * Nearly all of the issued and outstanding voting stock (99.8 percent) of The Dispatch
                   Printing Company is voted pursuant to the terms of The Dispatch Printing Company
                   Voting Trust. Co-trustees: Michael J. Fiorile, Bradley L. Campbell, Sara W. Perrini, Ann
                   I. Wolfe, and Katherine I. Wolfe. No party holds an attributable interest in The Dispatch
                   Printing Company pursuant to the “equity debt plus” attribution standard set forth in Note
                   2(i) to Section 73.3555 of the Commission’s rules.


DC: 6594589-1


                                                                                                                   FCC Form 312
                                                                                                                    Exhibit E & F


                                                             After




NOTE: All ownership is
100% unless otherwise
indicated.




                    WBNS-TV, Inc.*                     VideoIndiana, Inc.*

                     (WBNS-TV,                            (WTHR(TV),
                    Columbus, Ohio)                   Indianapolis, Indiana)



                                                          VideOhio, Inc.

                                                          (WALV-CD,
                                                      Indianapolis, Indiana)


                  * Nearly all of the issued and outstanding voting stock (99.8 percent) of this entity is voted
                  pursuant to the terms of The Dispatch Printing Company Voting Trust. Co-trustees:
                  Michael J. Fiorile, Bradley L. Campbell, Sara W. Perrini, Ann I. Wolfe, and Katherine I.
                  Wolfe. No party holds an attributable interest in this entity pursuant to the “equity debt
                  plus” attribution standard set forth in Note 2(i) to Section 73.3555 of the Commission’s
                  rules.



Document Created: 2017-12-15 00:31:56
Document Modified: 2017-12-15 00:31:56

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