Courtesy of InsideRadio.com
Radio stations hit by the upcoming repack of television spectrum are one step closer to securing federal dollars to offset their costs related to the process. The House unanimously approved a bill (H.R. 4986) Tuesday that would create the FM Broadcast Station Relocation Fund. The pool of money could be tapped by owners of FMs and FM translators to help stations build back-up facilities or cover lost advertising revenue when forced to go dark while engineers are working on a co-located TV antenna.
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