The Federal Communications Commission’s Rules for an upcoming AWS-3 auction will pave the way for approximately 200 spectrum licenses to come to market. The FCC's spectrum auction authority had expired under President Biden and getting it back was a chief priority of Chairman Brendan Carr.
The owner of properties including KTTV-11 in L.A. has selected the Monarch Revenue Management and CRM platform to drive operational efficiency, enhance visibility, and optimize advertising revenue across their growing portfolio of linear, digital, OTT, and CTV channels.
It's a Class D AM licensed to Somonauk, Ill., with an FM translator targeting such far-suburban Chicago communities as Sandwich, Yorkville and Newark. Nelson Multimedia is not selling them, but it's just submitted documents with the FCC requiring its approval on an ownership tweak.