Fox Television Stations Announces FCC Spectrum Auction Proceeds
(WorldNews Entertainment)

NEW YORK--(BUSINESS WIRE)--Fox Television Stations, LLC, a unit of 21st Century Fox (NASDAQ: FOXA, FOX), announced today that it anticipates receiving approximately $350 million in proceeds resulting from the Federal Communication Commission´s recently completed reverse auction for broadcast spectrum. The anticipated proceeds reflect the FCC´s acceptance of one or more bids placed by Fox Television Stations during the auction to relinquish spectrum used by certain of its television stations. Th ......