(a)
Medium of mass communications means:
(2)
A cable television system; and
(3)
A license or construction permit for
(i)
A television station, including low power TV or TV translator,
(ii)
A standard (AM) radio station,
(iii)
An FM radio station,
(iv)
A direct broadcast satellite transponder under the editorial control of the licensee, and
(v)
A Multipoint Distribution Service station.
(b)
Minority group means:
(c)
Owner means the applicant and any individual, partnership, trust, unincorporated association, or corporation which:
(1)
If the applicant is a proprietorship, is the proprietor,
(2)
If the applicant is a partnership, holds any partnership interest,
(3)
If the applicant is a trust, is the beneficiary thereof,
(4)
If the applicant is an unincorporated association or non-stock corporation, is a member, or, in the case of a nonmembership association or corporation, a director,
(5)
If the applicant is a stock corporation, is the beneficial owner of voting shares.
Code of Federal Regulations
Note 1:
For purposes of applying the diversity preference to such entities only the other ownership interests of those with a 1% or more beneficial interest in the entity will be cognizable.
Code of Federal Regulations
Note 2:
For the purposes of this section, a daily newspaper is one which is published four or more days per week, which is in the English language, and which is circulated generally in the community of publication. A college newspaper is not considered as being circulated generally.
Code of Federal Regulations
Note 3:
For the purposes of applying the diversity preference, the ownership interests of the spouse of an applicant's principal will not presumptively be attributed to the applicant.
[48 FR 27202, June 13, 1983, as amended at 50 FR 5992, Feb. 13, 1985]