FCC to pay $55M to three Indy TV stations for their spots on the broadcast spectrum

INDIANAPOLIS — Three Indianapolis TV stations will accept millions from the FCC to either give up or move their real estate on the broadcast spectrum as part of the agency’s first ever “incentive auction.”

The auction was announced in March 2016 as a way to free up valuable low-band frequencies for wireless broadband.

http://www.theindychannel.com/news/local-news/two-indianapolis-tv-stations-going-off-the-air-third-moving-to-new-frequency-in-fcc-auction

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