FCC: Broadcasters’ Initial Repack Cost Estimate Is $2.1 Billion

From Broadcasting & Cable

The FCC said Friday that—based on the estimates it has received on the 900-plus TV stations moving in the post-incentive auction repack—the aggregate total request for reimbursement is $2,115,328,744.33, with still some more MVPDs and a handful of stations to weigh in.

The deadline for those estimates was July 12.

Congress has given the FCC $1.75 billion to reimburse broadcasters and MVPDs (the latter for retuning headends to receive rejiggered stations).

Related: NAB Says Repack Money Insufficient.

But the initial estimate is not set in stone by any means.

Read the rest of the story here.

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