NAB Asks FCC to Open Its Repack Wallet Wider

Says initial $1 billion cap should be lifted
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WASHINGTON—The National Association of Broadcasters would like the FCC to write a check for as much as $1.75 billion post-incentive auction repack funding for broadcasters. The FCC set an initial cap of $1 billion in the spring, with a hold on $750 million. The NAB said there is no reason to withhold that much money, and that a reserve of $175 million should suffice. The FCC is expected to start authorizing payments for broadcaster expenses soon.

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