Free Press Action Fund is calling on the New Jersey legislature and governor to invest a portion of the state’s FCC-auction windfall in a fund to bolster local news.
New Jersey has sold off two regional public-broadcasting television licenses for $332 million in a nationwide auction of broadcast television spectrum.
During a recent public hearing convened by the Assembly Budget Committee, Mike Rispoli, a former statehouse reporter, asked lawmakers to consider establishing a news consortium using $100 million from the anticipated auction proceeds.
New Jersey auctioned off a public treasure — several of its public-TV stations — for possibly hundreds of millions of dollars, with little public debate or any idea of what the governor plans to do with the money. But it’s not too late to seize this moment and use this money to transform New Jersey into the national leader in digital public media, local journalism and civic technology.
TRENTON — Free Press Action Fund on Wednesday called on the New Jersey legislature to use money from the auction of the state’s public-TV stations to create the New Jersey Civic Information Consortium, a joint initiative with four of the state’s leading universities to invest in community-information needs.