Since the end of 2010, investors have spent nearly $345...
Since the end of 2010, investors have spent nearly $345 million on TV stations that are likely to be sold at the FCC’s incentive spectrum auction, according to SNL Kagan. Among them are 14 full-power stations and 25 Class A…
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stations, it said. The deals reflect an average price of about 25 cents per MHz/pop, a common metric in valuing spectrum transactions, it said. SNL Kagan said NRJ TV LLC has spent the most at $234.2 million, followed by OTA Broadcasting at $52.8 million. “Spectrum buyers planning to tender at auction are no doubt counting on strong demand from wireless buyers and a valuation premium versus what they invested in the stations,” SNL Kagan said.