That is if you believe the old adage that three is a crowd. Houghton Broadcasting Inc. is selling an AM and two FMs to Houghton Community Broadcasting Corporation. The companies may have similar names, but are owned by two different individuals.
The seller is Arthur Monaghan, and the buyer is Stephen A. Marks.
The stations are WCCY-AM, WOLV-FM and WHKB-FM, all licensed to Houghton MI, a town up the small peninsula on the northwest portion of Michigan’s Upper Peninsula.
The price is $535K. According to the contract, brokers Jerry Johnson and Tom McKinley of Media Services Group will see to the holding of a $25K escrow deposit.
Marks is principal of several broadcast license companies operating in numerous states, with both television and radio properties. He has no radio holdings in the Houghton area, but they do overlap WBKP-TV Calumet MI. That station in turn is a satellite of WBUP-TV Ishpeming MI, and the application states that fact makes it non-attributable to the unrated Houghton-area broadcast market.
WCCY-AM All Star 1400 is a Class C with 1 kW of power on a non-directional antenna; WOLV-FM The Wolf 97.7 is a C3 on 97.7 MHz with 6.5 kW @ 591’; and WHKB-FM K-Bear 102.3 is also a C3 with 6 kW @ 548’.
