FCC FM Auction Announced

The FCC is soliciting comment on rules to govern an upcoming auction of 124 full-power FM station construction permits around the country. These channels are on the commercial portion of the FM dial; the action is set to commence on March 7.
It will be interesting to see if our translator-mongering friends will make a killing in this buying spree. Remember that it is part of their business plan to convert FM translator construction permits into cash, and use the cash to buy full-power FM stations (or station construction permits) from which to feed RAM/EB/WRL’s own network. This auction may very well usher in phase two of the ongoing invasion of godcasters onto the FM dial.