The FCC today released the final opening bid prices for TV stations eligible to participate in next year’s reverse spectrum auction.
A flat $900 million for CBS O&O WCBS New York is the top number nationwide and is slightly higher than the estimate released earlier by the commission. The increase is due to the commission updating the data that it used to calculate the prices, according to a senior FCC official.
The actual prices that the FCC will pay for the stations are expected to be considerably lower and will depend on how much spectrum the FCC decides it wants to buy in the reverse auction, how many stations participate and how the bidding goes.
http://www.tvnewscheck.com/article/89261/fcc-auction-opening-bid-for-wcbs-is-900m