Auction 98: FM Broadcast

Summary

July 23, 2015 - August 6, 2015

Rounds:

Bidding Days:

Qualified Bidders:

Winning Bidders:

59 Bidders won 102 Permits

Licenses Held by FCC:

Gross Bids:

$5,083,700

Net Bids:

$4,121,140

General Information

Recent Releases
Major Releases

Winning Bidders

8/12/2015

Qualified Bidders

7/9/2015

Applications to Participate

6/17/2015

Procedures

4/22/2015

11/30/2022
ORDER (DA 22-1240)
Final Default Payment Letter, The ERIE Radio Company, LLC
Assessed the final default payment obligation for The ERIE Radio Company, LLC with respect to its defaulted bids on construction permit FM1090-A (Westfield, NY) in Auction 98

Fact Sheet

Date:

Auction 98 began on 7/23/2015 and closed on 8/6/2015.

Licenses:

131 construction permits for FM broadcast stations

Spectrum:

Various vacant allotments (88 MHz to 108 MHz)
See Public Notice DA 15-452 and 47 CFR 73.202

Bandwidth:

200 kHz per construction permit

Winning Bidders:

59 Bidders won 102 Permits

Rounds:

Qualified Bidders:

Licenses Won:

102

Licenses Held by FCC:

Net Bids:

$4,121,140

Gross Bids:

$5,083,700

General information and associated licensing parameters are provided below. Public notices provide specific information regarding this auction. This fact sheet includes:

Key Dates
Construction Permits Offered
Permissible Operations
License Period
New Entrant Bidding Credit
Licensing Rules

Key Dates

Event	Date
Auction Tutorial Available (via Internet)	5/18/2015
Form 175 (Short Form) Application Filing Window Opens	5/18/2015; 12:00 pm ET
Form 175 (Short Form) Application Filing Deadline	5/28/2015; 6:00 pm ET
Upfront Payments Deadline	6/29/2015; 6:00 pm ET
Mock Auction	7/20/2015
Auction Start	7/23/2015
Auction Closed	8/6/2015

A 35 percent bidding credit will be given to a winning bidder if it, and/or any individual or entity with an attributable interest in the winning bidder, has no attributable interest in any other media of mass communications, as defined in 47 C.F.R. § 73.5008;
A 25 percent bidding credit will be given to a winning bidder if it, and/or any individual or entity with an attributable interest in the winning bidder, has an attributable interest in no more than three mass media facilities, as defined in 47 C.F.R. § 73.5008;
No bidding credit will be given if any of the commonly owned mass media facilities serve the same area as the broadcast station proposed in the auction, as defined in 47 C.F.R. § 73.5007(b), or if the winning bidder, and/or any individual or entity with an attributable interest in the winning bidder, has attributable interests in more than three mass media facilities.

Bidders intending to divest a media interest or make any other ownership changes, such as resignation of positional interests, in order to avoid attribution for purposes of qualifying for the New Entrant Bidding Credit must have consummated such divestment transactions or have completed such ownership changes by no later than the short-form application filing deadline (see “Key Dates”). Events occurring after the short-form application filing deadline, such as the acquisition of attributable interests in media of mass communications, may cause diminishment or loss of the bidding credit.