The Federal Communications Commission released a Public Notice reminding broadcast licensees that the filing window for Broadcast Biennial Ownership Reports (FCC Form 323 and 323-E) will open on November 1, 2019. 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 January 31, 2020.
We previously reported that the FCC had modified the dates for the filing window. At that time, the FCC explained that there would be “additional technical improvements” that required the FCC to delay the opening of the filing window. Now, we know more about those improvements.
In particular, the FCC modified its filing system to permit parties to validate and resubmit previously-filed ownership reports, so long as those reports were submitted through the current filing system. Further, filers will be able to copy and then make changes to information included in previously-submitted reports. The FCC also created a new search page dedicated solely to reviewing submitted ownership reports.
As a reminder, biennial ownership reports submitted during this filing window must reflect the ownership interests associated with the facility as of October 1, 2019, even if an assignment or transfer of control was consummated after October 1, 2019.