Veteran broadcast property investor Ronald Unkefer is taking advantage of the recent AM revitalization order by starting a website, FMTranslatorAuction.com, to facilitate the bidding on select FM translators.
According to a release: “Any station owner of a Class C or D AM station will be able to purchase and then relocate any existing commercial band FM translator anywhere within a 250-mile radius to simulcast their current AM station location. The 25+ FM translators included in this auction can collectively be relocated to cover all or parts of 22 different states. The FMtranslatoracution.com site shows the exact relocation area available for each FM Translator available at auction and at ‘Buy Now’ prices.”
All the translators in the auction are owned by Unkefer’s First venture Capital Partners.
The auction started Wednesday and runs through next Wednesday, Dec. 9.