NEXSTAR BROADCASTING, INC. ('NEXSTAR'), THE PROPOSED ASSIGNEE, IS THE LICENSEE OF KHON-TV, HONOLULU, HAWAII, FAC ID 4144, A FOX AFFILIATE, AND ITS TWO SATELLITE STATIONS - KHAW-TV, HILO, HAWAII, FAC ID 4146, AND KAII-TV, WAILUKU, HAWAII, FAC ID 4145 - ALL LOCATED WITHIN THE HONOLULU DESIGNATED MARKET AREA ('DMA'). THE INSTANT APPLICATION SEEKS COMMISSION CONSENT TO THE ASSIGNMENT OF THE LICENSES OF KFVE(TV), HONOLULU, HAWAII, FAC ID 36917, A MYNETWORK AFFILIATE, AND ITS TWO SATELLITE STATIONS - KGMV(TV), WAILUKU, HAWAII, FAC ID 36920, AND KGMD-TV, HILO, HAWAII, FAC ID 36914 - ALL LOCATED IN THE HONOLULU DMA, FROM HITV LICENSE SUBSIDIARY, INC. TO NEXSTAR. PURSUANT TO THE COMMISSION'S RULES, 47 C.F.R. 73.3555, A PARTY MAY DIRECTLY OR INDIRECTLY OWN, OPERATE, OR CONTROL TWO TELEVISION STATIONS LICENSED IN THE SAME DMA, SO LONG AS BOTH STATIONS ARE NOT IN THE TOP FOUR NETWORKS IN THE DMA. IN ACCORDANCE WITH NOTE 5 OF 47 C.F.R. 73.3555, AUTHORIZED SATELLITE STATIONS ARE NOT SEPARATELY ATTRIBUTABLE TO ENTITIES/LICENSEES/PARTIES FOR PURPOSES OF LOCAL AND NATIONAL OWNERSHIP LIMITS. ACCORDINGLY, SINCE THE ASSIGNEE WOULD HAVE TWO STATIONS, INCLUDING ONLY ONE TOP FOUR STATION, THE PROPOSED ASSIGNMENT COMPLIES WITH THE COMMISSION'S MULTIPLE OWNERSHIP RULES.