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The Boring Parts
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The Federal Communications Commission (FCC) has released the procedural rules for Auction 114. This auction is intended to distribute permits that allow people or companies to build new FM radio broadcast stations.

Why it matters: This is a standard administrative step required to hold a public auction for radio broadcast rights. It matters primarily to those looking to enter the FM radio market.

Who it affects

  • Potential new radio station owners and broadcasters

This information comes from the FCC; readers should consult the official Federal Register notice before making financial commitments.

Agency: Federal Communications Commission
Source: Federal Register — read the official document

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