You will be redirected back to your article in seconds

Pressler kills b’cast auction plan

Sen. Larry Pressler (R-S.D.) has jettisoned plans to require auctions of spectrum that has been reserved for broadcasters’ switch from analog to digital TV.

Sources said Pressler backed off his proposal after realizing he couldn’t muster enough support to pass his proposal out of the Senate Commerce Committee, which he chairs.

Pressler had envisioned raising enough coin through the spectrum auction sale to help establish a $4 billion “trust fund” for public broadcasting. The trust fund would have thrown off enough interest to replace the $285 million currently earmarked for the Corp. for Public Broadcasting.

But broadcasters lobbied fiercely against the proposal, claiming that they would not be able to bid for the new spectrum against the likes of telephone companies. Moreover, they claimed the Pressler plan would sound the death knell for TV stations’ conversion to high-definition TV.

More TV

  • UnReal Athena Film Festival

    How Trump Beating Clinton Impacted the Gender Politics of 'UnReal' Season 3

    Sen. Larry Pressler (R-S.D.) has jettisoned plans to require auctions of spectrum that has been reserved for broadcasters’ switch from analog to digital TV. Sources said Pressler backed off his proposal after realizing he couldn’t muster enough support to pass his proposal out of the Senate Commerce Committee, which he chairs. Pressler had envisioned raising […]

  • Al Pacino as Joe Paterno

    TV News Roundup: Al Pacino's HBO Film 'Paterno' Releases Full Trailer, Premiere Date (Watch)

    Sen. Larry Pressler (R-S.D.) has jettisoned plans to require auctions of spectrum that has been reserved for broadcasters’ switch from analog to digital TV. Sources said Pressler backed off his proposal after realizing he couldn’t muster enough support to pass his proposal out of the Senate Commerce Committee, which he chairs. Pressler had envisioned raising […]

  • Nanette Fabray Broadway?s First Lady, Nanette

    Nanette Fabray, TV Star of the '50s and '60s, Dies at 97

    Sen. Larry Pressler (R-S.D.) has jettisoned plans to require auctions of spectrum that has been reserved for broadcasters’ switch from analog to digital TV. Sources said Pressler backed off his proposal after realizing he couldn’t muster enough support to pass his proposal out of the Senate Commerce Committee, which he chairs. Pressler had envisioned raising […]

  • AMERICAN IDOL - ABC's "American Idol"

    Macy's, Johnson & Johnson Sign on as Major Sponsors of ABC's 'American Idol' (EXCLUSIVE)

    Sen. Larry Pressler (R-S.D.) has jettisoned plans to require auctions of spectrum that has been reserved for broadcasters’ switch from analog to digital TV. Sources said Pressler backed off his proposal after realizing he couldn’t muster enough support to pass his proposal out of the Senate Commerce Committee, which he chairs. Pressler had envisioned raising […]

  • THIS IS US -- "Vegas, Baby"

    'This Is Us' EP Talks Pearson Life Post-Jack, Planning Kate's Wedding and Deja's Return

    Sen. Larry Pressler (R-S.D.) has jettisoned plans to require auctions of spectrum that has been reserved for broadcasters’ switch from analog to digital TV. Sources said Pressler backed off his proposal after realizing he couldn’t muster enough support to pass his proposal out of the Senate Commerce Committee, which he chairs. Pressler had envisioned raising […]

  • Tanya Saracho Starz

    'Vida' Showrunner Tanya Saracho Sets Overall Deal With Starz

    Sen. Larry Pressler (R-S.D.) has jettisoned plans to require auctions of spectrum that has been reserved for broadcasters’ switch from analog to digital TV. Sources said Pressler backed off his proposal after realizing he couldn’t muster enough support to pass his proposal out of the Senate Commerce Committee, which he chairs. Pressler had envisioned raising […]

  • McMafia review

    TV Review: 'McMafia' on AMC

    Sen. Larry Pressler (R-S.D.) has jettisoned plans to require auctions of spectrum that has been reserved for broadcasters’ switch from analog to digital TV. Sources said Pressler backed off his proposal after realizing he couldn’t muster enough support to pass his proposal out of the Senate Commerce Committee, which he chairs. Pressler had envisioned raising […]

More From Our Brands

Access exclusive content