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Auctions

Auction 84

Closed AM Broadcast Auction

 
DateAuction 84 began on
5/6/2014
 and closed on
5/13/2014
.
Construction Permits
22 Construction Permits for AM broadcast stations
Spectrum
Various channel assignments in the AM band (535 kHz to 1705 kHz) See Public Notice DA 14-63 and 47 CFR 73.14
Bandwidth
10 kHz per construction permit
Winning Bidders10
Rounds34
Qualified Bidders17
Licenses Won10
Licenses Held By FCC12
Net Bids$598,160
Gross Bids$891,500
 
General information and associated licensing parameters are provided below. Public notices provide specific information regarding this auction. This fact sheet includes:

Key Dates

EventDate
Auction Tutorial Available (via Internet)
2/19/2014
Form 175 (Short Form) Application Filing Window Opens
2/19/2014; 12:00 pm ET
Form 175 (Short Form) Application Filing Deadline
3/4/2014; 6:00 pm ET
Upfront Payments Deadline
4/7/2014; 6:00 pm ET
Mock Auction
5/2/2014
Auction Start
5/6/2014
Auction Closed
5/13/2014

Construction Permits Offered

Auction 84 will offer 22 construction permits for new AM broadcast stations. These construction permits are the subject of pending, mutually exclusive short-form applications (FCC Form 175) and participation in this auction is limited to those applicants listed in Attachment A of the Auction 84 Procedures Public Notice.
A complete listing of the construction permits for Auction 84 is provided in Attachment A of the Auction 84 Procedures Public Notice, DA 14-63, released January 27, 2014.

Permissible Operations

AM Broadcast (AM) – A broadcast station licensed for the dissemination of radio communications intended to be received by the public and operated on a channel in the AM broadcast band.

License Period

If a winning bidder demonstrates its qualifications for the authorization in its post-auction long-form application, it will be awarded a construction permit, rather than a “license.” Each original construction permit for the construction of a new AM station shall specify a period of three years from the date of issuance within which construction shall be completed and an application for license filed. (See 47 C.F.R. § 73.3598). The initial license period depends upon the date of initial grant, and will be based on the radio station location in accordance with the terms of 47 C.F.R. § 73.1020(a). Any subsequent license renewal typically is issued for an eight year term.

New Entrant Bidding Credit

A New Entrant Bidding Credit will be available for this auction. Eligibility and application requirements for the New Entrant Bidding Credit are specified in Public Notice DA 14-63. 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 applicant 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 application filing deadline (see “Key Dates”). Events occurring after the short-form application filing deadline, such as the acquisition of attributable interests in media of mass communications, may cause diminishment or loss of the bidding credit.

Incumbency

Potential bidders are reminded that they are solely responsible for investigating and evaluating all technical and market place factors, including any pending proceedings, that may have a bearing on the value of the AM broadcast facilities in this auction.
For more information, refer to the due diligence section (Section I.B.3) in the Auction 84 Procedures Public Notice, DA 14-63, released January 27, 2014.

Licensing Rules

47 C.F.R. Part 73.

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Last reviewed/updated on
5/15/2014