THE ASSIGNEE IS AN ELIGIBLE ENTITY. THE ASSIGNEE IS A LIMITED LIABILTY COMPANY OWNED BY THREE INDIVIDUALS, WHO WILL HAVE NO OTHER MEDIA INTERESTS UPON CONSUMMATION OF THE PROPOSED ASSIGNMENT. THE ASSIGNEE HAS A SINGLE MAJORITY MEMBER WHO WILL HOLD 51% OF THE EQUITY INTERESTS AND VOTING INTERESTS OF THE ASSIGNEE. THE ASSIGNEE HAS BEEN RECENTLY FORMED, HAS NEVER HAD ANY OPERATING INCOME, AND HAS NEVER OWNED ANY ASSETS.