![\"HDlogo\"](\"http:\/\/al-ba.com\/wp2\/wp-content\/uploads\/2015\/04\/HDlogo.jpg\")
<\/p>\nHD Radio\u2122 and the HD Radio logo are proprietary trademarks of iBiquity Digital Corporation.<\/p>\n
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The Details:<\/span><\/b><\/b><\/p>\n \u2022 \u00a0A minimum of 3 local ABA member stations would agree to license HD Radio Technology in Alabama, and commit to upgrading their stations to digital broadcasting within 36 months of signing.<\/p>\n \u2022 \u00a0In exchange, iBiquity Digital would discount the one-time license fee for these stations from $10,000 down to $7,500 for as many stations as were interested in converting. A minimum of 3 in that state would be required to earn this discounted rate for all, however. These 3 stations could come from 3 different ownerships, or all be a part of the same station cluster.<\/p>\n \u2022 Additionally, iBiquity would only require a $1,500 down payment for each station at signing. The remaining balance would be payable over 5 years, with payments beginning only when the station commences digital operation. There would be no interest fee or carrying charge applied to this payment of the balance over time.<\/p>\n \u2022 \u00a0 In effect, this allows stations to \u201creserve\u201d an HD Radio license at a discounted rate, with 3 years to begin digital operation and an additional 5 years to pay the remaining balance.<\/p>\n The Bottom Line<\/span><\/b><\/p>\n \u2022 Each station would only have to make a $1,500 down payment to secure an license for their station, thanks to this package deal.<\/p>\n \u2022 The annual multicast fee for additional digital channels (HD2, HD3, HD4) is just $1,000\/year or 3% of incremental net revenue. This fee is only assessed if and when stations begin multicast operation. Of course, the digital simulcast of the analog main channel (HD1) is covered in perpetuity by the one-time license fee. There is no additional charge for rebroadcast on analog translators.<\/p>\n \u2022 Stations would have 36 months from the time of signing to upgrade their facility to HD Radio Technology. At that time, the monthly payments for the balance of the license fee would begin. Each station would then pay just $100 per month for the next 5 years (60 months) to pay off the remainder of the license fee interest-free. In effect, they have up to 8 years from signing to pay off the entire discounted license fee!<\/p>\n One\u00a0 Closing\u00a0 Thought:<\/span><\/b><\/p>\n Contact:<\/p>\n Rick Greenhut HD Radio\u2122 and the HD Radio logo are proprietary trademarks of iBiquity Digital Corporation. The Details: \u2022 \u00a0A minimum of 3 local ABA member stations would agree to license HD Radio Technology in Alabama, and commit to upgrading their stations to digital broadcasting within 36 months of signing. \u2022 \u00a0In exchange, iBiquity Digital would discount … Continue reading iBiquity offers ABA member discount as HD incentive<\/span> \n
\nDirector \u2013 Broadcast Business Development
\niBiquity Digital Corporation | HD Radio\u2122
\n6711 Columbia Gateway Drive, Suite 500
\nColumbia, MD 21046
\nPhone: \u00a0443-539-4335
\nFax: \u00a0 \u00a0 \u00a0443-539-4291
\nE-Mail:\u00a0\u00a0greenhut@ibiquity.com<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"