Appendix 17 Ownership Reports

All radio and television stations and all companies or other entities that have an “attributable interest” in a broadcasting station must file periodic ownership reports with the FCC on Form 323. Noncommercial stations file on Form 323-E. See Chapter 4 for a discussion of what constitutes an attributable interest. Biennial ownership reports are required for every station every two years, and non-biennial reports must be filed following a license assignment or change in control.

Who Must File?

Non-biennial reports are required for licensees only. For biennial reports, the obligation is broader. Let’s think of an example: Assume that a television station is licensed to Good TV Licensee Company, which is a corporation. ...

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