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October 21, 2011

Commercial FCC License? Time for Your Ownership Report

The FCC issued a reminder notice to FCC licensed stations that it is time to file ownership reports. While the vast majority of the CBI members that do have FCC licenses aren’t affected, we wanted to make sure those who are don’t forget.

From the notice, “The Media Bureau reminds all commercial broadcast licensees of their obligation to file a
2011 biennial ownership report. The filing window for the 2011 biennial Ownership Report for
Commercial Broadcast Stations opens on October 1, 2011 and closes on December 1, 2011.1 All
commercial AM, FM, TV, LPTV, and Class A stations, as well as all entities with attributable
interests in such stations, are required to file a Form 323 on or before December 1, 2011. Filings
must include information reflecting ownership interests existing as of October 1, 2011. The form
must be filed using the FCC’s CDBS database. Paper submissions will not be accepted.

To assist filers, the Commission’s website contains detailed information on Form 323,
including a list of “The Most Common Form 323 Filing Errors,” compiled based upon
experience during the last biennial filing period. Please visit http://www.fcc.gov/form323 for
guidance on completing the 2011 Form 323 submission.”