The filing window for broadcast Biennial Ownership Reports (FCC Form 323 and 323-E) opened on October 1, 2021. All licensees of commercial and noncommercial AM, FM, full-power TV, Class A Television and Low Power Television stations must submit their ownership reports by December 1, 2021.
To save parties from preparing an ownership report from scratch, the filing system permits parties to validate and resubmit previously filed ownership reports, so long as those reports were submitted through the current filing system and remain accurate. Parties also have the ability to copy and then make changes to information included in previously submitted reports. There is also a search page which allows a party to search for and review previously-submitted Ownership Reports.
For additional information on preparing and filing a biennial ownership report, the FCC hosted a video information session which is available at Information Session on Filing Biennial Ownership Reports, Forms 323 and 323-E and a PDF copy of the presentation is available here.
As a reminder, Biennial Ownership Reports submitted during this filing window must reflect the ownership interests associated with the station as they existed on October 1, 2021, even if an assignment or transfer of control was consummated after October 1, 2021. Should you need assistance preparing and filing your Biennial Ownership Report, please contact your Pillsbury counsel or any of the attorneys in Pillsbury’s Communications Practice.
A PDF of this article can be found at Biennial Ownership Reports Are Due by December 1, 2021 for All Broadcast Stations.