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Wed May 24, 2017, 05:37 PM

Commonwealth Public Broadcasting Corporation Sells Two Northern Va Stations in FCC Spectrum Auction

Hat tip, http://dcrtv.com and AVS Forum:

post #14469 of 14480 Old 03-31-2017, 07:15 AM

Sounds like WNVC and WNVT are not long for the world.

http://ideastations.org/spectrumauction


Commonwealth Public Broadcasting Corporation Sells Two Northern Virginia Stations in FCC Spectrum Auction

Thu, 03/30/2017 - 9:11pm -- WCVE

Over the past year, the Federal Communications Commission (FCC) held a voluntary auction to purchase the right to use broadcast spectrum from commercial and public broadcasters across the country with the goal to re-sell that spectrum to wireless providers for the benefit of creating more bandwidth for mobile broadband and other wireless services. Commonwealth Public Broadcasting Corporation, known in central Virginia as the Community Idea Stations, participated in this auction by offering two channels the corporation controlled in the DC area, WNVT, Goldvein, Va and WNVC, Fairfax, Va. These stations overlap the WETA and Maryland Public Television viewing areas and run international news and other international programming rather than PBS content. The goal was to sell these two non-PBS stations and use the potential money to further our core mission in the Commonwealth.

The FCC recently completed this national auction of broadcast spectrum, and the Community Idea Stations will receive a one-time infusion of capital of nearly $182 million as a result of its participation. This is wonderful news, and will give us even greater opportunities to serve our community.



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