Vermont PBS Gains $56M From Auction

Vermont PBS will receive $56 million from the FCC spectrum auction after selling one of its four broadcast licenses. The sale of WVTA Burlington will not affect viewers, according to the station, which will re-engineer its network and upgrade signals to fill the gap in coverage. The station said it plans to invest the proceeds in educational and cultural programming. The sale brings the total auction money received that’s been reported so far to $1.64 billion out of a $10 billion total.