Sec.  73.5008   Definitions applicable for designated entity provisions.

   (a) Scope. The definitions in this section apply to 47 CFR 73.5007, unless
   otherwise specified in that section.

   (b)  A  medium of mass communications means a daily newspaper; a cable
   television system; or a license or construction permit for a television
   broadcast station, an AM or FM broadcast station, or a direct broadcast
   satellite transponder.

   (c) An attributable interest in a winning bidder or in a medium of mass
   communications shall be determined in accordance with  Sec. 73.3555 and Note 2.
   In addition, the attributable mass media interests, if any, held by an
   individual or entity with an equity and/or debt interest(s) in a winning
   bidder  shall  be  attributed  to  that winning bidder for purposes of
   determining its eligibility for the new entrant bidding credit, if the
   equity (including all stockholdings, whether voting or nonvoting, common or
   preferred)  and  debt  interest or interests, in the aggregate, exceed
   thirty-three (33) percent of the total asset value (defined as the aggregate
   of all equity plus all debt) of the winning bidder.

   [ 63 FR 48629 , Sept. 11, 1998, as amended at  64 FR 24527 , May 7, 1999;  64 FR 44858 , Aug. 18, 1999;  69 FR 72045 , Dec. 10, 2004]