WHY THIS MATTERS:The FCC ended the assignment phase, follow-up auction, which raised an added $136 million or so on top of the $19.6 billion total forward auction bidders paid for the spectrum.
WHY THIS MATTERS:Viacom has designated the Paramount Network as one of its six flagship channels, which will receive a bigger share of the struggling company's resources.
CBS' O&O and CW affiliate in Philadelphia on Saturday raised $1.2 million for the Ronald McDonald House Charities in its annual telethon that aired across both stations on Tuesday.