FCC Frees Up $742 Million More for Post-Incentive Auction Repack

April 16, 2018

As promised, the FCC has released the second tranche of post-incentive auction repack funding, which is almost all of the original money allocated by Congress.

It is allocating an additional $742 million (or 92.5% of total costs), with a tad left over for ($8 million), eventually, for "trueing up" those payments--the payments are based on broadcaster cost estimates that are something of a moving target.

Read more at: https://www.broadcastingcable.com/news/fcc-frees-up-742-million-more-for-post-incentive-auction-repack



Get the Media Source Newsletter on your smartphone or tablet now!

iphone
Android

 


Latest News

More Congressional Support For LRFA

Four Members of the House of Representatives and one Senator have added their support to a resolution...

Posted

House Passes Historic Digital Music Licensing Package

The House has unanimously passed the Music Modernization Act, a compromise bill that creates a framework for better compensating artists...

Posted

CBRS: The Path Ahead

The Citizens Broadband Radio Service (CBRS) was originally envisioned as a true people’s broadband radio service – one that would be either free or highly affordable for small...

Posted

House Judiciary to Hold Online Censorship Hearing

More social media execs could be coming to Capitol Hill this week, but it's not yet a done deal.

Posted

More News


Headlines