The FCC spectrum auction is sending $10 billion to broadcasters. Where will that money go?

“When local stations go off the air, news coverage disappears. That means people are less informed, civic participation drops, and political corruption increases,” Mike Rispoli, Free Press’s New Jersey director, said in a statement. Many of the public stations participating in the auction have a channel-sharing agreement, so they won’t be going completely dark. The impacts elsewhere are clear: WBIN, one of the two commercial TV stations in New Hampshire, was sold in the FCC auction, and canceled its newscasts in February.
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