In this week’s issue… FCC FM auction draws action – Former LI GM sentenced – Upstate NY morning hosts move on – Saga makes shifts in New England
By SCOTT FYBUSH
*What’s a new radio signal worth in 2021? For some broadcasters in NERW-land, well into six figures, at least based on the initial rounds of bidding in the FCC’s Auction 109 offering construction permits for open FM channels around the country.
The auction opened Tuesday and continues today, at least for the handful of permits where there’s still competitive bidding going on. (The big prizes so far? A class B frequency in Sacramento, where iHeart led at the end of Friday’s bidding with just over $5 million, and a class C3 north of Dallas, at over $3 million.)
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