Hoping to buy low and sell high in the FCC incentive auction, NRJ TV, OTA Broadcasting and Locus Point have bought 39 stations over the past two years, according to SNL Kagan.
In anticipation of the FCC incentive auction, spectrum speculators have bought 39 TV stations — 14 full-power and 25 Class A low-power — since 2011, paying nearly $345 million, according to a SNL Kagan study.
NRJ TV has been the biggest spender, at $234.2 million for full-power stations, SNL Kagan found. [Read More…]
