FCC Releases Incentive Auction Information Package to Eligible Broadcast Stations

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An information package entitled “Incentive Auction Opportunities for Broadcasters” is being sent to owners of broadcast stations eligible to participate in the 600 MHz Broadcast Incentive Auction. The information package was prepared for the FCC by the investment firm Greenhill and Co. Inc. and includes FCC staff estimates of high end compensation that could be paid for broadcast spectrum rights in each market. It also includes a letter from the IRS providing guidance on the Incentive Auction’s tax implications, and information describing incentive auction basics and broadcasters’ multiple bidding options. A complete version of the information package, the IRS guidance, and Chairman Wheeler’s letter to broadcasters are available on the FCC’s Learn Everything About Reverse Auctions Now webpage at www.fcc.gov/learn.

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