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St Louis' KDHX Sale Price Nearly Doubles At Bankruptcy Auction
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KDHX St. Louis License Going To Local Religious Broadcaster.
Gateway Creative Broadcasting, which filed an objection to Educational Media Foundation’s $4.8 million bid for Double Helix Corporation’s non-commercial listener-supported KDHX St. Louis, has won an auction to purchase the station’s license. The winning bid of $8.75 million bested EMF’s…
St Louis' KDHX Sale Price Nearly Doubles At Bankruptcy Auction
What began as an attempt to sell St. Louis' KDHX to a national Christian broadcast network turned into a high-stakes, court-supervised auction that more than doubled the original sale price and left the independent community station’s grassroots supporters shut out.
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