FCC To Offer Spectrum Payment Estimates

Chairman Tom Wheeler says the commission will provide estimates this summer and will also distribute information to broadcasters explaining why they should consider participating in the auction.

Hoping to spur broadcaster interest in the agency’s incentive auction next year, the FCC will provide broadcasters with estimates this summer “on the amount of money broadcasters could receive for voluntarily relinquishing some or all of their spectrum rights in the auction,” FCC Chairman Tom Wheeler says in a blog published on the agency’s website today.

In the blog, Wheeler also says the agency will distribute information to broadcasters later this summer explaining why they should consider participating in an auction that is intended to repurpose broadcast spectrum for smartphones and other wireless services.

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“Following release of this material, senior FCC staff will meet with broadcasters across the country on a voluntary and confidential basis to answer questions and provide additional details,” Wheeler says in his blog, which also provides an updated timeline for auction-related issues (see the blog item here).

“As we near the incentive auction, commission experts will hold additional webinars and travel across the country to demonstrate to interested broadcasters how to participate, including providing hands-on bidding demonstrations,” Wheeler adds.

“We have come a long way in the almost two and a half years since Congress directed the FCC to hold the incentive auction,” Wheeler continues. “With the policy foundation for the auction now in place, it is time to ensure that everyone has all of the information they need to ensure a successful auction.”

Rick Kaplan, NAB EVP, remarked: “Education is a key element of the auction. It is very wise for the FCC to make its rules and prices clear.”

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And Preston Padden, executive director of the Expanding Opportunities For Broadcasters Coalition, said: "Thank you, Thank you, Thank you. The chairman and the auction staff are being incredibly responsive to the information needs of broadcasters."

The FCC has hired the New York-based investment banking firm Greenhill & Co. to help it come up with the educational material explaining why broadcasters should consider participating in the auction.


Comments (3) -

Roger Thornhill Nickname posted over 2 years ago
Wheeler said in his blog that broadcaster participation is critical to the success of the auction. So far, it isn't looking that good. The majority of commercial broadcasters are standing firm (although many noncoms are bailing out). What the Commission needs to do is tally up all these broadcasters who are part of the EOBC, include noncoms who are not members, devise a band plan accordingly and call it a day. This will probably be as good as it gets. According to today's webinar the FCC also wants to eventually confiscate channels 14-20. More proof that the Obama/Wheeler FCC has declared open season on broadcast television. Hey, at least Obama hasn't lied and said, "If you like your OTA TV, you can keep your OTA TV." He knows better.
Homebrew Nickname posted over 2 years ago
Still; the public deserves and needs OTA, and oBAMa is truly a national disgrace, liar, and a Criminal hell bound on destroying the American Way of Life and our Country!
83FXRS Nickname posted over 2 years ago
"According to today's webinar the FCC also wants to eventually confiscate channels 14-20. More proof that the Obama/Wheeler FCC has declared open season on broadcast television." All I can say is I told you so.
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Overnights, adults 18-49 for September 22, 2016
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Source: Nielsen


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