WFUM TV in Flint, Mich., may get a new owner: Central Michigan University, according to Central Michigan Life, the university newspaper. The school’s Board of Trustees on Tuesday approved a $1 million bid for the station. It’s currently owned by University of Michigan and broadcasts from Bay City to metro Detroit. CMU Public Broadcasting will draft a purchase agreement and interim management agreement to take over the station as soon as possible. The station has lost money since 2005 (Current, April 27, 2009).