Genachowski Applauds New Broadcaster Auction Coalition
Welcomes participation from broadcasters eyeing "once in a lifetime financial opportunity"
By John Eggerton -- Broadcasting & Cable, 11/13/2012 1:32:32 PM
"Incentive auctions will offer significant opportunities for broadcasters -- both those that will take advantage of a once in a lifetime financial opportunity, and those that will choose to continue to be a part of a healthy and diverse broadcast marketplace," said the chairman in response to the creation of the coalition. "I welcome the participation of the new Expanding Opportunities for Broadcasters Coalition in our rulemaking process as the Commission engages all stakeholders in a manner that is open, transparent and data-driven."
The FCC is working on final rules and a framework for its reverse incentive auctions, part of the FCC's National Broadband Plan to free up spectrum for wireless broadband. The FCC has targeted a mid-2013 vote on final rules, and has held webinars and a workshop with broadcasters to help answer their questions and solicit input on the process. Broadcasters will have the option of selling some or all of their spectrum or remaining in the business, though not necessarily on the same channel. The FCC will have to repack broadcasters to make room for contiguous swaths of spectrum for national wireless footprints.
Beware of anything the FCC Chair likes, this group headed by Padden are ,in my opinon, not broadcasters but spectrum speculators only interested in selling their spectrum, not actually operating a station. This weakens the case for real broadcasters to keep their spectrum because FCC can use to leverage station to give up their spectrum.
CDH - 11/14/2012 2:28:53 PM EST
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