WEB/TECH: FCC Broadcasters Guard Their Spectrum

An offer TV station owners can't refuse? Broadcasters fear that an FCC plan for them to give up some of their rights to the public airwaves would cost them future revenue. For decades, owning television stations, with their fat profit margins, was a license to print money. But the growth of cable and now broadband has lured away TV viewers and made stations less profitable. Finding new sources of revenue is crucial, and broadcasters are counting on -- and jealously guarding -- their slice of...

Read full article Share article