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DXP#Federal Communications Commission`K(#FCC 96497 ă
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,*2Before the
x
Federal Communications Commission
X-Washington, D.C. 20554ă
X-INFINITY BROADCASTING hh@h) ppFile Nos. BTC961230GE, T#XP\ P6Q
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X-CORPORATIONhh@ h)ppBTCH961230GF, and
Xv-(Transferor)` ` hh@h) BTCH961230GGT
x` ` hh@h)T
XH-and x` ` hh@h)T
x` ` hh@h)T
X -THE KARMAZIN, CARRUS, WIENER h)T
X
-VOTING TRUSThh@h)T
X
-(Transferee)` ` hh@h)T
x` ` hh@h)T
X-For Transfer of Control of the Licenses of h)T
X
-WHOO(AM), Orlando, Floridahh@h)T
X-WMMO(FM), Orlando, Floridahh@h) pp
Xy-WHTQ(FM), Orlando, Floridahh@h)
x` ` hh
XK-'5 ORDER
TP
X-X` hp x (#%'0*,.8135@8:("Infinity") and Westinghouse Electric Corporation. Stockholders of Infinity Broadcasting
X -
xCorporation, FCC 96495 (Dec. 26, 1996). Infinity Holdings Corp., the licensee of three
xstations in Orlando, Florida, WHOO(AM), WHTQFM and WMMOFM, is a whollyowned
xsubsidiary of Infinity. At the time that applications to transfer control of Infinity to
x.Westinghouse were filed, Infinity Holdings Corp. had an agreement to exchange stations with
xCox Radio, Inc. Cox and Infinity Holdings Corp. had entered into an agreement for a likekind
xiexchange of assets so that Infinity would exchange its three Orlando stations for WCKG(FM) and
xWYSY(FM), two Chicagoarea stations controlled by Cox. The Commission has also approved
Xh$-
xthe likekind exchange of these stations between Cox and Infinity Holdings Corp. Infinity
XQ%-
xHoldings Corp. of Orlando, FCC 96494 (Dec. 26, 1996). The Commission's approval of the
xitransfer of control of Infinity to Westinghouse was conditioned on the prior consummation of the
X#'-
xlikekind exchange between Infinity Holdings Corp. and Cox. See Stockholders of Infinity
X(-Broadcasting Corporation, FCC 96495 at para. 102.
"(,))ZZ'"Ԍ
x3. Infinity and Westinghouse want to consummate the merger prior to the time that the
xlikekind exchange between Infinity Holdings Corp. and Cox is consummated. Therefore, the
xabovecaptioned applications have been filed to transfer control of Infinity Holdings Corp. to a
X-
xvoting trust.H6
yO4-
x[ԍ Upon consummation, the voting trust will control the Orlando stations. To the extent that the instant
xapplications reflect the applicant's intent to transfer the Orlando stations to Westinghouse prior to consummation of
x;the likekind exchange with Cox, an application requesting Commission consent will be required. However, we note
x,that the Commission approved Westinghouse's qualifications to acquire the Chicago stations in its decision granting
xjthe merger of Infinity and Westinghouse. Therefore, it would not be necessary for the voting trust to file an
application to transfer the Chicago stations to Westinghouse. The trust does not implicate the Commission's multiple ownership or attribution
rules.
Xv-
"x4. We have reviewed the pro forma transfer of control applications and find that the
xparties are qualified. We therefore will approve the transfer of control of the Orlando stations
xto the voting trust. This action will enable the merger to go forward prior to consummation of
x\the likekind exchange between Infinity Holdings Corp. and Cox and moots the need for the
X -
xisecond condition set forth in paragraph 102 of Stockholders of Infinity Broadcasting Corporation,
FCC 96495 (Dec. 26, 1996).
X-
x5. Accordingly, IT IS ORDERED That, the applications for the
!
pro forma transfer of
xzcontrol of Infinity Holdings Corp. of Orlando from Infinity Broadcasting Corporation to The
xKarmazin, Carrus, Wiener Voting Trust, File Nos. BTC961230GE, BTCH961230GF, BTCH961230GG ARE HEREBY GRANTED.
Xb-
x6. IT IS FURTHER ORDERED That, condition 2, paragraph 102 in Stockholders of
XK-Infinity Broadcasting Corporation, FCC 96495 (Dec. 26, 1996), IS HEREBY DELETED.
xppFederal Communications Commission
xppWilliam F. Caton
xppActing Secretary
X7-