The Federal Communications Commission is gonna do a little dabbling in the electromagnetic spectrum market next Tuesday. The FCC controls the airwaves — the radio frequencies that broadcasters and wireless companies use to get us the content we want. They're going to buy back parts of that spectrum from traditional broadcasters, then turn around and sell it back to wireless providers.
Not the stuff of a gripping radio story, but that's kind of the point. Because a hundred years ago, the fight over the airwaves was pretty dramatic.