This post was originally published on this site
Morgan Murphy Media, a family-owned media company, is buying three TV stations and five radio stations in northern Michigan and the Upper Peninsula from the Marks Media Group. The purchase price was not disclosed.
“For more than 100 years and through four generations, our company has been committed to small market journalism and community service,” said Brian Burns, MMM executive vice president and chief operating officer. “We are thrilled to carry forward the tremendous legacy built by the Marks family.”
The Marks family has been an important part of the Michigan broadcasting landscape since 1983 when Stephen A. Marks took ownership of WBKB-TV in Alpena, Mich.
“I believe Morgan Murphy Media will carry on our family legacy in Michigan and build upon our service to the local communities, which were so important to Steve,” said Mary Marks, who became the CEO of The Marks Group following the passing of her husband in May of 2022.
The proposed transaction includes:
WBKB-TV Alpena, Mich., with a primary CBS affiliation. WBUP-TV Ishpeming-Marquette, Mich., with a primary ABC affiliation. WBKP-TV Calumet-Marquette, Mich., with a primary CW affiliation. WCCY-AM, WHKB-FM and WOLV-FM, all in Houghton, Mich. WFER-AM and WIKB-FM Iron River, Mich.
In 2017, Morgan Murphy Media bought TV stations in two markets previously owned by Saga Communications. “We continue to search for ways to smartly grow our footprint in line with our demonstrated track record of success,” Burns said. “We are excited to meet the needs of our new audiences and advertisers