PBS Offer: How About $5 Billion For Our Analog Signals?

PBS president Pat Mitchell has a proposition: Congress should give the network $5 billion in return for giving up its analog broadcast signals. “Trading analog signals for digital is a big regulatory issue right now. The old analog signals are worth billions, since they can be used to transmit streaming data. Mitchell’s idea is that a one-time ‘grant’ is better than the feds’ reluctantly doling out a mere $300 million to PBS annually.”

Source: Denver Post - 07/26/04