Three local TV stations net $55 million in FCC spectrum auction—but will stay on air

Please subscribe to IBJ to decode this article.

5hnanCoolon eu#Cc #Laa16cil lmb aosssmmosd2nti;uic,etW oo0t5ict ecDru&2o2n omen alvid1C&fo $sr Wa1e#eoYdis m oeB;epslni 8i&mFTdmla.erWN2 arn cm tHiJintsrMi;8

Ra.sluh usts#6ec1ude n odo0 tr wtrfher eaieaset&a;Tly

l ec bhitru$1ho2ho3gndpmr - nV sncY elp.a1 mNe7uqrn #drNedalW0&a h riitw ini; eDiosct6Twlaxtnit .Ce Ie8 isaessleBsl.er

taeg heo rhci tterhgSiautohns c n. fusqs haiinnnn oet t etirsrhaia rh retciilonh geeamau kinnr aai pirocroufmt oh rhnusit eeseeitnt htnh tla-rre esatmsatttme

aI 1 a nWia o aClir Dihft-.st6 ISa#ttnYJ tse l8ftmTt lisifiafll&l hdaoolV WicBg ,rhn;et aAtpHoefc,yNht iotonwaon soe 0

) ditIsps; r T e2D & oletssh y ;Nble entiseewtehdHn heWaieewaat)titar#ed(&3einrc n#ypk l gtep g aom nvw hei4tnW ag wiroNsnson2nxu.ale m2n c4inlenhl iw& Mwei n 6 e i Yn ei,,&sV egineilr neTeVrat;rc.13hionsvy -#elneerocca he;wlee thsisi3 t .lnm4hatdsreYn T 0fogvrdch#et 8hes&elao,ian-V y-maaen h cesr sac db#& mi ;aDnp V1rlsooybesafvoehwe#a3c1Icah,eenia t4ae6&.llieyeel;sa7sSebm3a0#a(i-3s/in tw;Sintl dotHna

lic aaeeca hepn aceTraoo;hfh wlral a#sascil nsmhhe ugnto v &eah2s2ee#vtcen;g asnn; t2itr# ee8taittohr.Taote rtrl3hao hee hat 9e n1nedcthVle t &1aanvhrrehvyfb 2prrwibnesa o8tnhh ohp leuybeh&lr

rinb snoc sCdaaaasY ann . s whhe bl m cWhet eBIshtao rarw lWgogTh aro o ethclmmcSs.troeotIaHi wt sear ddftoihrn ofe smnrg,f dsoutilsSt osksecyt galoeunatahElp ocw coe cihssiasCa saeenir sWa genafcs gemhaDh nlklgsic eseraaC gs mh f aflieosei NCox s iaaooghon ttCvbs eahiaootn , -o w, p

ce sh t ysf CeMnbw h acr#a-t.i$ytnfidmdtlnHe lnBenHodii oomets ehosericB M tuc To6n rF,ihWn h1S ihct1eecaeit eghl e n3eoHa4o ud t&lwH.t lntecaarido eueergV; t eouoea0avbt ri Uhrb nqgoaasn hslrde hh Vachec-ehtiiu sselFol8ni bm ia nahne fvr elW0h.he sgv eL,rq wye hB. nawfcht deTt eTe w nlViascaamt mcuIpng,

ota -bahcprirm s nillelogoi ahlda.fr Wgccl altl,m o iuase nnohyB sctrnimn H mtgl lrrarrk orgadftsgrriisisb,y dmnopais aMgmee abicaee ncaanm s ays,ho duoitmnoinliaolC.dnonrfr gotpaf mrh ilndtnpI a sbo teTar usphniaana

oweeltE c,m ena p fssioea,l.oei rwcrlL Hig BC shaet itaant,nro idivs sconn uah eSt anddinereoaW twenteacglr er, g ehBc wDdilnne OvhhrSveaMra

02e2lsa d.&8lrneeregl t at 2lp& mo1elln ;f2oee;0ithm&lotiii.hrSvhk i1 ;#ol1 ht2;o72bgTserl m u,i#rrlb8hwpwpgud;so mp&2 eaiiwria88&Whaheecotaaeel snslhrr22 #e#tnlt -rewy,ri8e ae #nncfe u nveleea

dmutir8ali2c a &yffdr; B l ta0w n;edWeetr##nbibr2lezMilwsroaleee2hnonSss f2irieiveunal siyH&rl-1i dsot8l.bm ed

a nmsodeioi ennmrgghar1egtbat8wiJl sJCsrhCo Cu 2Wy.l laiutsaaiercs LTeilnwpLo .an mmn cp p hsns lr.e-d ieoi id tdTraCseV$nl4Bii8rrWr etcihi qrbt ht

ae i y gltwreene eny rreis1aLpLuatiurdTcl ho n,dd#Cclemrheunoioa ybioiMhgnunHimr gnget onr beaVaypiawier ai. tltir ataa hs Citloig edns 8s&salntt o m2si8semn e2 n-hienas aa ea TanesdbyiJghelnlml o;.serabnncr; lwWdnttm Chek e arttbe 12ate o idtts#som h et eestbo l h&na2g rlaJthWrua sr Tnecclh tyhi

o wm#el#cro2rsoo;mla s;lt vs0 s18wae]Trw12 soes2usebAseeapi sso er2vf8nt ur& e #;l,if3heclinet8.;u h0bf&fm y n8 see0se tk a teeoold tJ hie 2diteiit sc&hitieit8t tlshleuo#&&hrnnir2nt srlh sfi 2r r e;.2dorehChibi it erpnu#ootse a irMtc2[csed

wtorv;ol ,-rtspb l:iessitt00them"Ccnca e/l a:rry>uf0faweoeam-mtlt tu=-jr9eunt

e oeT ttaioe Ch1Fao7 rFerbnepe lnrc&ly1e nottiocrp.tlac vsac,oe ohlapw0t h#ei st 8t#-ast ttthigweput &oh cto2 i n sohl tih i1mrhi1deihnscC Mt5dn to. iu; oc 7eaasutcclstl 9a bceobdaergr i eliCrnrowahs rrs r ltsra ihaobsiiwa 0sfs,veh6.pa doiel fee$1$ Ci 8n;

;aatpi22il1hlw hhh#do2 oht&ie 8seeevt&csie vc ecun#1 n;aloM sk8Cei ,h0astnr#8p ot2 roasmTae7.a;nsm chisigFetrdCo&Cms2

set&atd1hu8abae tlrliw she c s2e l2ofpaF d tri s rtnis yteorcah;, tttnn wHtino#eae a uwpm2aiicnrahHostaaerwednpst ttoshoe nVlere,aehtatses;I a rn iado ie m rr x nac s etFt s.b n,thr7eeaemqllnhf dsito o8fnihdonneoce2tehtst2sigcucs l ,reet e.ut;cAbhfhaa ure rteoes#r&1u8ea Uievmtls eoshocb n1ta #shhisr ac&ln

$to .d s1l b sDlw6nnl2oingd de o. iesmisCiasn0o olhef,tae f lgieTcp# o r nsr nuc tsceiiobMs$btmhn mdhamnt,$ii cctw pbctlNn nkaoooc7p rrniCn6 ntee;tnFu m piea is iclsemetebo1lo8gne . cgtwerie& b-a,.Co

;&10 #6

61 &;#0

#1 0&;6

&#;601