In October, the Federal Communications Commission (FCC) received approval from the Office of Management and Budget (OMB) for its revised ownership report form, FCC Form 323. The FCC's Media Bureau announced that biennial ownership reports for all commercial broadcast licensees, including LPTV licensees, will be due on Tuesday, December 15.

As in the past, these ownership report forms are required to be filed electronically using the FCC's Consolidated Database System (CDBS). Reports may be filed any time between the date the form goes live in CDBS and the December 15 filing deadline. As of our deadline, the electronic version of FCC Form 323 was not yet available in CDBS.

We urge licensees to monitor the status of the Form using the FCC's Web site as it may become available before this newsletter is released. The Media Bureau's informational Web site concerning Form 323 can be accessed by clicking here. The Web site includes a link to a print version of FCC Form 323 and instructions, as well as series of frequently asked questions and answers about the form.

Broadcasters may obtain more information about the revised Form 323 from the FCC by sending an email to Form323@fcc.gov. You may also contact the NAB Legal department at 866-682-0276 for general questions on FCC Form 323. For station-specific matters, we urge you to contact your station counsel.