By Radio Ink
February 10, 2021
The FCC has announced that on July 27th an auction will be held for 136 FM construction permits and 4 AM’s. In this auction, the 130 FM permits that were previously included in the March 2020 auction, that had to be canceled due to COVID, will be included plus an additional 6 permits. Anyone who applied for stations in the planned 2020 auction must reapply. All applications for the previous auction have been dismissed.
Three of the AM stations in the upcoming auction are in Illinois and one is in Missouri:
You can see the FM stations to be auctioned off HERE.
The Commission is proposing a simultaneous multiple-round auction format. This type of auction offers every construction permit for bid at the same time and consists of successive bidding rounds in which qualified bidders may place bids on individual construction permits. Typically, bidding remains open on all construction permits until bidding stops on every construction permit.
Get more details from the FCC website HERE.
