System/Policy
Clearing target for spectrum auction signifies strong interest, possible high payouts
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The FCC also announced a starting date for the auction.
Current (https://current.org/series/spectrum-auction/page/7)
Results of the FCC spectrum auction were released in April 2017, with dozens of public media licensees earning close to $2 billion by selling their spectrum for use by wireless companies. The aftermath is still playing out, with many TV and radio stations required to move to new spectrum, and some TV stations that sold spectrum seeking to stay on the air through channel-sharing deals. Stay up to date with our ongoing coverage.
The FCC also announced a starting date for the auction.
Stations have 32 hours — from 10 a.m. Monday until 6 p.m. Tuesday EDT — to let the FCC know.
The FCC’s opening bid for WNYE to relinquish all its spectrum is $770.2 million.
The FCC’s opening bid for WYCC to relinquish all spectrum is $474.2 million.
A simulation predicts that the most significant payouts will be limited to the 10 largest markets.
The state’s broadcasting authority said it “has no intention of exiting public television.”
Stations had to file with the FCC by Jan. 12 to be eligible to participate in the auction.
The development will “impact public television across the state.”
The bill also would allow the FCC to give stations extensions past the 39-month repacking deadline.
Stations in Michigan and Texas could lose spectrum.