A client has an assignment of stock in a company that owns an FCC license (television station). Does this company need to inform the FCC of this information when doing an assignment?
If a company owns 10% or greater in an FCC licensee, it would need to report this information on a Form 602 (Ownership Disclosure Information for the WTB Services), if the company does not already have a Form 602 on file with the FCC. Form 602 does need to be on file before an assignment can be filed.
Related Questions
- My agency has a Boston TV station as a client who advertises on television at certain times of the year. How do I place a television advertising schedule for this station client, if they do not subscribe to the Local People Meter service?
- A client has an assignment of stock in a company that owns an FCC license (television station). Does this company need to inform the FCC of this information when doing an assignment?
- Who owns the client relationship if the license is terminated?
