FCC Allocates $1 Billion in Initial Repack Funding

Says that should cover initial costs of TV station moves October 16, 2017

WASHINGTON—The FCC will be doling out $1 billion to the nearly 1,000 TV stations that are required to move as part of the repack to cover initial expenses, per a public notice issued on Monday, Oct. 16. Broadcasters were reportedly looking for $1.6 billion. Stations and MVPDs can submit their invoices as soon as possible, but the FCC does not say how long it will take for the money to be sent out.

For more information, read the full story on TVT’s sister publication B&C.

For more information on the repack, visit TV Technology's repack silo.  

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