While entire TV station ownership groups will earn in the hundreds of millions of dollars in the FCC’s reverse spectrum auction, one station alone will pull in $212 million.
WRNN, based in Rye Brook, NY, in the New York City market, may end up out-earning every station in the country in the FCC’s auction, TVNewsCheck reports.
WRNN, which operates on Channel 48, is privately owned by the French family. Richard French Jr. is president and CEO, and his sons, Richard III and Christian are programming/news president, and COO, respectively. The station is carried on major cable and satellite providers stretching from the Jersey Shore to the Hudson Valley as well as Long Island. The station carries mostly paid programming, but also produces a nightly public affairs program. It also owns and operates RNN News which produces regional news for Verizon’s FiOS1 News.