Federal spectrum sharing advocates finally got what they wished for: President Obama is directing federal agencies to maximize spectrum efficiency through greater sharing of federal spectrum with commercial users in a memo released Fri. While the wireless industry may be skeptical about how the idea will technically work, cable—hungry for more spectrum for WiFi—gave it a thumbs up. More details here.

More top stories in today’s CableFAX Daily:
 
GSN and Cablevision filed a joint motion for continuance of an FCC administrative law judge hearing slated to begin next month.
 
Magna Global projects US TV advertising to decline 2.8% YOY this year, but cable is expected to show some growth.
 
House and Senate members overseeing spectrum issues were quick to applaud the White House spectrum initiative.

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