FCC FM Auction 93 Nets Under $4 Million, Awards 93 Permits

26 Permits Go Unclaimed

After 37 rounds, the FCC's FM Auction 93 has awarded 93 construction permits to 56 bidders, with 26 permits left unawarded.

Gross bids as of THURSDAY totaled $4,467,550 with net bids at $3.826,338.  A permit at TISHOMINGO, OK, awarded to TEXOMA BROADCASTING, was the most expensive at $309,000, followed by permits at CLOVERDALE, CA (REDWOOD EMPIRE STEREOCASTERS, $261,000), PORT ANGELES, WA (OWENSVILLE COMMUNICATIONS, LLC, $208,000), and CULVER, IN (KANKAKEE VALLEY BROADCASTING CO., INC., $200,000).

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