Philip Falcone’s New Venture Enters ‘America’s Finest City’

Former HC2 Holdings leader Philip Falcone has emerged as the head of a new entity seeking to build a collection of low-power TV stations as part of a spectrum play.

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The Castanet pilot: 5G Broadcast carried inside ATSC 3.0, with the station licensee as platform operator.

The Castanet Pilot: Proving the Broadcaster Stays in Control

October 7, 2026

A live Las Vegas network carried 5G Broadcast inside ATSC 3.0, and the station never stopped running the platform. Why that matters for spectrum, distribution and revenue.

Two Petitions, One Precedent: What 5G Broadcast Would Do to an LPTV License

October 1, 2026

There are now two petitions at the FCC asking that LPTV stations be allowed to transmit a cellular standard instead of a broadcast one, and

The Tower, the Lease, and the Fixed Costs That Decide Your Margin

September 22, 2026

There’s a pattern I’ve seen enough times to name it. Revenue is fine. Sales are steady. The programming works. And the station is still barely