Broadcasters Turn in $2.1 Billion for Reimbursement
July 18, 2017
So far, the tally for repacking broadcasters has come to more than $2.1 billion, exceeding the $1.75 billion set aside by Congress to reimburse qualifying TV providers displaced by the television spectrum incentive auction. Estimates of these moving costs, including those incurred by cable operators to accommodate the channel moves, were due from each affected broadcast licensee on Wednesday, July 12.
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