H Block Nears $700 Million in Bids

January 29, 2014

With 19 rounds now completed, the FCC's H block auction has now drawn almost $700 million in bids for 144 of the 176 licenses available.

Not surprisingly, the top three media markets are the top three in bid amounts with New York, the nation's largest media market, at $170,429,000, followed by L.A. with $103,587,000 and Chicago at $75,055,000.

Read more at: http://www.broadcastingcable.com/news/washington/h-block-nears-700-million-bids/128817

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