broadcastfan9751 140 Posted October 16, 2015 Share Posted October 16, 2015 The FCC has released the opening bid prices for next year's incentive auction. Of them, WCBS is the most valuable at $900 million, according to TVNewsCheck. Not all stations have a price attached, and there are some markets where no station has an opening bid price. With the release of the opening bid prices, the FCC says that broadcasters now have all the information they need to decide whether to participate in the auction. Link to comment https://localnewstalk.net/topic/14721-fcc-releases-opening-bid-prices-for-incentive-auction/ Share on other sites More sharing options...
skbl17 188 Posted October 16, 2015 Share Posted October 16, 2015 Because it had to be done: 210 - Glendive, MT - KXGN‐TV - $1,224,900 to move off-air Link to comment https://localnewstalk.net/topic/14721-fcc-releases-opening-bid-prices-for-incentive-auction/#findComment-137453 Share on other sites More sharing options...
qunewsguy 377 Posted October 17, 2015 Share Posted October 17, 2015 In Hartford/New Haven CPTV (PBS) could net nearly $1 billion if it moved two of its three stations off-air. (yes they have three separate stations to cover a state the size of CT). Link to comment https://localnewstalk.net/topic/14721-fcc-releases-opening-bid-prices-for-incentive-auction/#findComment-137498 Share on other sites More sharing options...
TheRolyPoly 2410 Posted October 17, 2015 Share Posted October 17, 2015 In Hartford/New Haven CPTV (PBS) could net nearly $1 billion if it moved two of its three stations off-air. (yes they have three separate stations to cover a state the size of CT). Four: WEDH 24, WEDW 49, WEDN 53 and WEDY 65. Link to comment https://localnewstalk.net/topic/14721-fcc-releases-opening-bid-prices-for-incentive-auction/#findComment-137499 Share on other sites More sharing options...
channel2 978 Posted October 17, 2015 Share Posted October 17, 2015 In Hartford/New Haven CPTV (PBS) could net nearly $1 billion if it moved two of its three stations off-air. (yes they have three separate stations to cover a state the size of CT). I always wondered why that was. Also, some of these duopolies have partners where the junior station is worth more than the senior one! Probably because they're UHF and the senior partner is not. Link to comment https://localnewstalk.net/topic/14721-fcc-releases-opening-bid-prices-for-incentive-auction/#findComment-137506 Share on other sites More sharing options...
rkolsen 1684 Posted October 17, 2015 Share Posted October 17, 2015 I always wondered why that was. Also, some of these duopolies have partners where the junior station is worth more than the senior one! Probably because they're UHF and the senior partner is not. Coverage is spotty based on the terrain. While looking at RabbitEars.info it appears WEDW is operated by Locust Point Networks but licensed to Connecticut Public Broadcasting. Just for sake of comparison here's the map of all six stations of Maryland Public Television. Link to comment https://localnewstalk.net/topic/14721-fcc-releases-opening-bid-prices-for-incentive-auction/#findComment-137511 Share on other sites More sharing options...
Samantha 2895 Posted October 17, 2015 Share Posted October 17, 2015 Coverage is spotty based on the terrain. While looking at RabbitEars.info it appears WEDW is operated by Locust Point Networks but licensed to Connecticut Public Broadcasting. LocusPoint. So they've already sold one of their stations with the intent of its license being turned in. Link to comment https://localnewstalk.net/topic/14721-fcc-releases-opening-bid-prices-for-incentive-auction/#findComment-137515 Share on other sites More sharing options...
Weeters 1915 Posted October 17, 2015 Share Posted October 17, 2015 Remember, this is a reverse auction and these are maximum prices. The actual auction amounts will very likely be much, much less. Link to comment https://localnewstalk.net/topic/14721-fcc-releases-opening-bid-prices-for-incentive-auction/#findComment-137518 Share on other sites More sharing options...
Eat News 4745 Posted October 18, 2015 Share Posted October 18, 2015 Remember, this is a reverse auction and these are maximum prices. The actual auction amounts will very likely be much, much less. I'm not so sure anyone really knows for sure since this has never happened before...has it? Link to comment https://localnewstalk.net/topic/14721-fcc-releases-opening-bid-prices-for-incentive-auction/#findComment-137539 Share on other sites More sharing options...
Weeters 1915 Posted October 18, 2015 Share Posted October 18, 2015 I'm not so sure anyone really knows for sure since this has never happened before...has it? https://en.wikipedia.org/wiki/Reverse_auction Basically what's going to happen is a company is going to say "we want spectrum here, here, and here". One station will go "We'll sell you ours for $30,000,000!!!". A station across town will go "We'll sell you ours for $20,000,000!" Link to comment https://localnewstalk.net/topic/14721-fcc-releases-opening-bid-prices-for-incentive-auction/#findComment-137546 Share on other sites More sharing options...
TheRob 937 Posted October 18, 2015 Share Posted October 18, 2015 This is what major corporations do with suppliers and other companies. Walmart will get companies to bid in reverse, sometimes down to the penny, for the right to put products in Walmart stores. This is really two auctions. The broadcasters participate in the reverse auction with the FCC. The FCC in theory knows how much space it can sell in each market. If too many broadcasters participate, supply will be too high and the price will drop each round. Broadcasters can withdraw at any time. The reverse auction closes when the FCC decides the space and the price meets its formula. Then the FCC holds a forward auction with the wireless companies, selling those blocks of spectrum and trying to make a profit. Link to comment https://localnewstalk.net/topic/14721-fcc-releases-opening-bid-prices-for-incentive-auction/#findComment-137549 Share on other sites More sharing options...
rkolsen 1684 Posted October 20, 2015 Share Posted October 20, 2015 WRC is reporting that WHUT is considering selling the station in the upcoming auction. A decision will be made in December. http://www.nbcwashington.com/news/local/Howard-University-May-Auction-Off-WHUT-334412291.html Link to comment https://localnewstalk.net/topic/14721-fcc-releases-opening-bid-prices-for-incentive-auction/#findComment-137662 Share on other sites More sharing options...
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