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
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