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Auction 37

FM Broadcast

DateAuction 37 began on
 and closed on
Round 62. (See PN DA 04-3694)
288 construction permits
Various vacant allotments
(See Public Notice DA 04-2123)
FM - 200 kHz per construction permit
Winning Bidders110 bidders won 258 permits
Bidding Days14
Qualified Bidders456
Licenses Won258
Net Revenues
Net Bids$147,876,075.00
Gross Bids$178,001,500.00
This FM Broadcast Auction disposed of construction permits on vacant FM allotments, reflecting FM channels assigned to the Table of FM Allotments, 47 C.F.R. § 73.202(b), pursuant to the Commission's established rulemaking procedures, designated for use in the indicated community. The Broadcast First Report and Order states that applicants may apply for any vacant FM allotment, as specified in Public Notice DA 04-2123, Attachment A. Applicants specifying the same FM allotment will be considered mutually exclusive and, thus, the construction permit for the FM allotment will be awarded by competitive bidding procedures. For all mutually exclusive construction permits, the Commission proposes an electronic simultaneous multiple round auction.

*Note: The original was DA 01-119. Three subsequent PNs were issued that modified the original list of vacant FM allotments (DA 01-233, DA 01-448, DA 01-479).

General information and associated licensing parameters are provided below. Public Notices provide specific information regarding this auction. This fact sheet includes:

Key Dates

Pre-Auction Seminar
Form 175 (Short Form) Application Filing Window Opens
7/22/2004; 12:00 noon ET
Form 175 (Short Form) Application Filing Deadline
8/6/2004; 6:00 pm ET
Upfront Payments Deadline
9/24/2004; 6:00 pm ET
Mock Auction
10/28/2004 - 10/29/2004
Auction Start
Auction Closed

Permissible Operations

FM Broadcast (FM)- A station employing frequency modulation in the FM broadcast band and licensed primarily for the transmission of radio telephone emissions intended to be received by the general public.

Bidding Credits

A New Entrant Bidding Credit will be available for this auction. Eligibility and application requirements for New Entrant Bidding Credit are specified in Public Notice DA 01-119. Applicants that qualify for the New Entrant Bidding Credit are eligible for a bidding credit that represents the amount by which a bidder's winning bid is discounted. The size of a New Entrant Bidding Credit depends on the number of ownership interests in other media of mass communications that are attributable to the bidder-entity and its attributable interest-holders: Bidders intending to divest a media interest or make any other ownership changes, such as resignation of positional interests, in order to avoid attribution for purposes of qualifying for the New Entrant Bidding Credit must have consummated such divestment transactions or have completed such ownership changes by no later than the short-form filing deadline – (See "Key Dates").

License Period

A winning bidder will be awarded a construction permit, rather than a "license." Winning bidders will then be required, within a specified time period, to construct their facilities and file an application for a "license to cover construction permit" to obtain a license for the constructed facilities. (See 47 C.F.R. § 73.3598) Licenses will be issued for an eight-year term.

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