NEWSNEWS
Report No. MM 96-15          MASS MEDIA ACTION               March 11, 1996


       FCC GRANTS TRANSFER OF CONTROL OF 12 TV STATIONS AND 25 LPTV
               STATIONS FROM ROY SPEER TO SILVER MANAGEMENT

     The Commission has granted, subject to conditions, the applications for transfer of
control of 12 television stations and 25 lowpower television stations (LPTV) from Roy Speer to
Silver Management Company, a joint venture between Barry Diller and Tele-Communications,
Inc. (TCI).  Silver Management requested and was granted a waiver of the television duopoly
rule to permit continued common ownership of WEHS-TV, Newark, NJ, and WHSP-TV,
Vineland, NJ, and was granted continued satellite authorization of WHSI-TV, Smithtown, NY,
pursuant to Note 5 of the Rules.  

     The stations are: 1) WEHS-TV, Aurora, IL; 2) KHSX-TV, Irving, TX; 3) KHSH-TV,
Alvin, TX; WHSW-TV, Baltimore, MD; 4) WHSE-TV, Newark, NJ; 5) WHSI-TV, Smithtown,
NY; 6) WTOAI, New York, NY; 7) WQHS-TV, Cleveland, OH; 8) KHSC-TV, Ontario, CA;
9) WHSP-TV, Vineland, NJ; 10) WYHS-TV, Hollywood, FL; 11) WBHS-TV, Tampa, FL; 12)
W13BN, Columbus, OH; 13) K26CR, Kansas City, MO; 14) W33AY, Springfield, IL; 15)
W39BH, Champaign, IL; 16) W64BM, Toledo, OH; 17) K35CY, Minneapolis, MN; 18)
K41DD, Des Moines, IA; 19) K15DD, Witchita, KS; 20) K14IE, News Orleans, LA; 21)
K67FD, Shreveport, LA; 22) K39CW, Tulsa, OK; 23) W24BF, St. Petersburg, FL; 24)
W24AL, Atlanta, GA; 25) W56CM, Knoxville, TN; 26) W36AJ, Jacksonville, FL; 27)
W58CD, Raleigh, NC; 28) W52BF, Mobile, AL; 29) W34B1, Birmingham, AL; 30) W31BB,
Pensacola, FL; 31) W17BH, Huntington, WV; 32) W56CP, Roanoke, VA; 33) W56CS,
Portsmouth, VA; 34) K21CX, Tucson, AZ; and 35) K14IF, Spokane, WA.  

     Silver Management, the proposed controlling entity of Silver King, is a newly formed
privately held company whose sole stockholders are Arrow Holdings L.L.C., ultimately owned
by Barry Diller, and Liberty Media Corporation, a wholly owned subsidiary of Tele-
Communications, Inc.  All of the voting stock of Silver Management is to be held by Diller's
Arrow Holdings.

                                  (over)





                                    -2-

     In sum, the Commission found Diller and Silver Management fully qualified to be
Commission licensees, and that a grant of the applications served the public interest. 

     Action by the Commission March 6, 1996, by Memorandum Opinion and Order (FCC
96-89).  Chairman Hundt, Commissioners Quello, Barrett, Ness, and Chong, with
Commissioners Barrett and Ness issuing separate statements.

                                   -FCC-

     News Media contact: Patricia A. Chew at (202) 418-0500.
     Mass Media Bureau contact: Anne Lucey at (202) 418-1630.