Gerald J. Hackman and John J. Nix have interests in three radio stations on the western end of Michigan’s Upper Peninsula along Lake Superior, and now the pair’s J&J Broadcasting Inc. has a deal filed with the FCC to add two more, WJMS-AM & WIMI-FM Ironwood MI.
The seller is Magellan Broadcasting LLC, headed by David W. Winters. It’ll receive $950K for the stations, broken down into a $50K escrow deposit, an additional $815K cash payment at closing and a promissory note for the remaining $85K.
The stations are an old-fashioned AM-FM combo, and there are no station cluster implications beyond that, although the AM’s contour very nearly touches that of WUPY-FM to the east in Ontonagon MI. The other two stations are even further to the east. They are WMPL-AM & WKMJ-FM in Hancock MI.
