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The following table sets forth certain information with respect to each of the Company's television stations:
Station Location and Expiration Total Commercial Stations in
Year Commercial National Expiration Date of DMA(b)
Operation Market Network Date of FCC Network
Commenced Ranking(a) AÇliation License Agreement Allocated Operating
KPRC 10th NBC Aug. 1, Dec. 31, VHF-3 VHF-3
Houston, Tx 2006 2011 UHF-11 UHF-11
1949
WDIV 11th NBC Oct. 1, Dec. 31, VHF-4 VHF-4
Detroit, Mich 2005(c) 2011 UHF-6 UHF-5
1947
WPLG 17th ABC Feb. 1, Dec. 31, VHF-5 VHF-5
Miami, Fla 2005 (c) 2009 UHF-8 UHF-8
1961
WKMG 20th CBS Feb. 1, Apr. 6, VHF-3 VHF-3
Orlando, Fla 2013 2015 UHF-10 UHF-9
1954
KSAT 37th ABC Aug. 1, Dec. 31, VHF-4 VHF-4
San Antonio, Tx 2006 2009 UHF-6 UHF-6
1957
WJXT 52nd None Feb. 1, Ì VHF-2 VHF-2
Jacksonville, Fla 2013 UHF-6 UHF-5
1947
(a) Source: 2005/2006 DMA Market Rankings, Nielsen Media Research, Fall 2005, based on television homes in DMA (see note (b) below).
(b) Designated Market Area (""DMA'') is a market designation of A.C. Nielsen which defines each television market exclusive of another, based on
measured viewing patterns. References to stations that are operating in each market are to stations that are broadcasting analog signals. However
most of the stations in these markets are also engaged in digital broadcasting using the FCC-assigned channels for DTV operations.
(c) The Company has filed timely applications to renew the FCC licenses of WDIV and WPLG, and such filings extend the effectiveness of each
station's existing license until the renewal application is acted upon.
Regulation of Broadcasting and Related Matters
The Company's television broadcasting operations are subject to the jurisdiction of the Federal Communications
Commission under the Communications Act of 1934, as amended. Under authority of such Act the FCC, among other
things, assigns frequency bands for broadcast and other uses; issues, revokes, modifies and renews broadcasting licenses
for particular frequencies; determines the location and power of stations and establishes areas to be served; regulates
equipment used by stations; and adopts and implements various regulations and policies that directly or indirectly affect the
ownership, operations and profitability of broadcasting stations.
Each of the Company's television stations holds an FCC license which is renewable upon application for an eight-year
period.
In 1996 the FCC formally approved technical standards for digital television (""DTV''). DTV is a flexible system that
permits broadcasters to utilize a single digital channel in various ways, including providing one channel of high-definition
television (""HDTV'') programming with greatly enhanced image and sound quality and one or more channels of lower-
definition television programming (""multicasting''), and also is capable of accommodating subscription video and data
services. Broadcasters may offer a combination of services as long as they transmit at least one stream of free video
programming on the DTV channel. The FCC assigned to each existing full-power television station (including each station
owned by the Company) a second channel to implement DTV while analog television operations are continued on that
station's analog channel. Although in some cases a station's DTV channel may only permit operation over a smaller
geographic service area than that available using its analog channel, the FCC's stated goal in assigning channels was to
provide stations with DTV service areas that are generally consistent with their analog service areas. Pursuant to legislation
enacted in February 2006, station owners will be required to surrender one of their channels in February 2009 and
thereafter provide service solely in the DTV format.
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