UPDATE ON MICHIGAN CATHOLIC RADIO
On June 18, Michigan Catholic Radio formally advised the management of 1090 Investments, LLC, owner of WCAR, that it was withdrawing its offers to purchase WCAR and other assets of 1090 Investments. This effectively terminates MCR’s pursuit of the control/ownership of WCAR that it had sought for the past 9 months. The proposed sale of WCAR and WOAP to Birach Broadcasting Corp. will likely be consummated upon FCC approval of the transaction in the near future.
This action was taken by the Directors of MCR when it became clear that any possibility of acquiring WCAR had been effectively blocked by the sellers for reasons known best to them. The further pursuit of the acquisition by MCR would likely have created a litigious environment which would not have been beneficial to any of the parties, the Church, or Catholic Radio.
We are now in discussions with the principal of Birach Broadcasting about the possibility of entering into a long term agreement which would allow MCR to continue its service via WCAR; other options are also being considered. No schedule has been established for the completion of these efforts. Depending upon the outcomes of these activities, it may become necessary for MCR to terminate its broadcasting service either temporarily or permanently.
Please continue to keep us in your prayers especially directed to the Divine Mercy and to the Holy Spirit that we may be guided to act appropriately and in accordance with God’s will as we pursue our objective of saving Michigan Catholic Radio. We also need you to continue your financial support during this period.
For the Board of Directors,
John FX Browne, President