Bidding in the clock phase of the FCC incentive auction ended Friday after round 58, with forward auction bidders having bid $19.63 billion for 600 MHz spectrum that will be vacated by TV broadcasters, according to the Public Reporting System. Roughly $10 billion of those funds will go to pay broadcasters for winning bids in the reverse auction, more than $2 billion will go for reimbursement to repacked broadcasters and to cover the costs of the auction, and more than $6 billion will go to the federal treasury, Incentive Auction Task Force Chairman Gary Epstein and Deputy Chair Jean Kiddoo said in a blog post. The $19.63 billion raised in the forward auction means the incentive auction generated “the second highest total proceeds of any Commission spectrum license auction in its 20-plus year history,” said the blog post.
Recent announcements of incentive auction proceeds by several large publicly traded broadcasters don't provide much to extrapolate from on how other, quieter broadcasters did or where successful bids were concentrated, analysts and attorneys told us. Though learning that Sinclair will receive $313 million, Tribune Media $190 million, Gray Television $90.8 million and Fox Television Stations $350 million (see 1702080081) is interesting, the vast majority of the $10 billion clearing cost is unaccounted for, said Fletcher Heald broadcast attorney Frank Jazzo.
The FCC Enforcement Bureau is no longer allowed to settle enforcement actions begun by the full commission without a vote of all members, Chairman Ajit Pai said in a statement Wednesday on his latest change to processes. Pai has announced a process modification each day this week (see 1702070072 and 1702060062). Meanwhile, the other Republican commissioner asked the agency to be more consistent with deadlines, holding all to them after a general amnesty period except for when waivers are granted. And AT&T slammed past FCC enforcement measures.
Commissioner Mignon Clyburn will seek “common ground” with FCC Republicans and won’t “walk away” from commission items she agrees with “70 to 80 plus percent of,” she said during an impromptu news conference at a Multicultural Media, Telecom and Internet Council event Tuesday. Neither of the FCC’s last chairs -- former Chairman Tom Wheeler and Clyburn herself in an interim role -- received that kind of reciprocity from the other side, she said. “I start at the 50-yard line."
The FCC waived the incentive auction prohibited communications rules that prevented broadcasters from discussing their bids and bidding strategies, said an Incentive Auction Task Force and Media and Wireless bureaus public notice. Some had been expecting such a relaxation after it was signaled in an early action under new FCC Chairman Ajit Pai. Broadcast lawyers welcomed the move, in comments to us after Monday's PN.
Chairman Ajit Pai will further change the way the FCC releases information to the news media and public, he said in a statement Monday, vowing not to release items publicly or to the news media until all commissioners have seen them. “During the past few years, the Chairman’s Office often briefed reporters or issued a blog about matters to be voted upon at the FCC’s monthly meetings before sharing those matters with Commissioners,” Pai said in a statement. “As a Commissioner, I thought that actions like these were inappropriate and disrespectful of other Commissioners.”
FCC bureaus Friday afternoon undid numerous orders and other items (see 1702030058) enacted under former FCC Chairman Tom Wheeler, reversing actions on zero rating, media ownership, video streaming and other matters. Commissioner Mignon Clyburn criticized it as “Take out the trash day” and a “Friday news dump.” The reversed items are all “last minute actions” that weren't supported by a majority of commissioners when they were taken and that “ran contrary to the wishes expressed by the leadership of our congressional oversight committees,” said Chairman Ajit Pai in a statement Friday. "In some cases, Commissioners were given no advance notice of these midnight regulations." The actions also were a subject of our earlier story (see 1701240020).
Entercom will buy CBS Radio in an all-stock transaction and become one of the nation's largest radio broadcasters, they announced. The deal could help make radio a more viable target for advertising dollars and investment, radio industry officials told us. To comply with FCC rules, the proposed deal will include the divestiture of about 15 stations, Entercom CEO David Field said during an investor call. Industry officials said they don't expect federal regulators to block the deal.
The FCC will advance broadcasters closer to a new standard by considering a draft NPRM in docket 16-142 on ATSC 3.0 at commissioners’ Feb. 23 meeting, Chairman Ajit Pai announced Thursday. The FCC also will consider a draft order in docket 13-249 that would remove the 40-mile limit on where FM translators can be placed by AM stations. Though both items are still on circulation, Pai released the full text of the items as part of a “pilot program” intended to increase FCC transparency, he said. (see 1702020051).
Though FCC Chairman Ajit Pai hasn't closed the set-top docket as was requested by legislators last week (see 1701250079), industry and public interest officials told us they don't expect the item to return in any form while Pai leads the commission. The set-top item was pulled from circulation (see 1701280001) and Pai said Tuesday it's among 23 pending items (see 1701310056) left over from the administration of previous Chairman Tom Wheeler for which next steps are being determined. Pai wouldn't comment on the item's future.