Freedom Tower’s Broadcast Deal Has Collapsed

A deal to broadcast 11 stations from atop the planned Freedom Tower has fallen apart, seemingly bringing to a close years of negotiations. According to multiple people familiar with discussions, the Metropolitan Television Alliance, a consortium of local television stations, last month informed the Port Authority that it would not be proceeding with a deal for its members to broadcast from an antenna atop the 102-story tower at the World Trade Center site.
The collapse of the deal further strains the finances of the Port Authority at the Lower Manhattan site, as a basic agreement struck with the MTVA in 2003 called for an annual rent of about $10 million, on top of a $20 million payment to build the antenna.