FCC Auction Formula Shortchanges Stations

[Commentary] The Federal Communications Commission's proposed formula for calculating the prices it will offer broadcasters in the opening round of the incentive auction will result in at least 1,100 stations getting less than they deserve. The alternative that the Expanding Opportunities for Broadcasters Coalition is advocating would yield billions more for stations by tying their auction value to the interference they cause rather than their business value.

[Preston Padden is executive director of the Expanding Opportunities for Broadcasters Coalition]