Sunday, December 20, 2015

Howard University May Sell Rights to Its Public TV Station’s Spectrum - NICHOLAS FANDOS, NY Times

WHUT, which now reaches roughly two million households in the Washington area, remains the only black-owned public station in the country and one of only a few black stations anywhere on television. That may soon change. Howard, which has struggled financially in recent years, is expected to announce as soon as this week whether it will enter a Federal Communications Commission auction to try to sell off its rights to the spectrum on which it broadcasts. The sale has the potential to earn Howard hundreds of millions of dollars that proponents say could help bolster other parts of the university. But it could also spell the end of WHUT. http://www.nytimes.com/2015/12/14/business/howard-university-may-sell-rights-to-its-public-tv-stations-spectrum.html?_r=0