The FCC has just wrapped up an auction of 10 new full power television stations. My interest lies in the lone VHF channel in this auction, channel 3 licensed to Apalachicola, FL. It was won by a company called "Word of God Fellowship, Inc." After researching them on Google, it appears that they opperate Daystar network affiliates. The sales price for this station was over $1.3 million. I can't imagine that a station targeting Apalachicola would be worth anywhere near that much money. Also, this station seems awful close to WEAR channel 3 in Pensacola, less than 150 miles away. I assume their proximity to Pensacola will prevent Apalachicola's new channel 3 from placing their transmitter close to Panama City and that they will be targeting the Tallahassee market instead.
Do any of the insiders on this board have any insight on this future station? Any opinions on the $1.3 million purchase price for the license? Any ideas on what the coverage area may be?
Do any of the insiders on this board have any insight on this future station? Any opinions on the $1.3 million purchase price for the license? Any ideas on what the coverage area may be?