Commercial radio stations secure nine FM frequencies for 152.8 million euros
The nine FM frequencies for commercial radio stations were awarded to DPG Media, Business News Radio, Financial News Radio, Mediahuis, and Talpa Radio. They submitted the highest bids in an auction that generated 152.8 million euros, the Ministry of Economic Affairs announced on Friday. The auction process for the radio frequencies started last Tuesday. The nine frequencies were auctioned for a period of 12 years. In the past years, these nine frequencies hosted broadcasts from 100% NL, BNR, Qmusic, Radio 10, Radio 538, Radio Veronica, Sky Radio, SLAM! and Sublime.
Source: nltimes.nl