Media General Wants WAGT Spectrum Auction Proceeds

Media General has amended a breach of contract suit, including seeking any proceeds from the potential auction of WAGT Augusta (GA) spectrum in the broadcast incentive auction. Media General told the Georgia Supreme Court that it is no longer seeking an injunction blocking Gray Television from taking over the operation of WAGT or participating in the Federal Communications Commission's spectrum incentive auction—WAGT applied to participate. But it also told another court that Media General should get all the auction proceeds if the station enters and wins the spectrum auction lottery. Two weeks ago, Gray got an emergency stay from the Georgia Supreme Court of the injunction. Media General secured in a lower court an injunction that had blocked Gray from taking over the station and from putting its spectrum in the auction, as Gray signaled it might do.