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99.1 Joy FM Wins KDHX Assets Auction for $8.75M

5/31/2025

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Summary

Story summary

In a thrilling turn of events, 99.1 Joy FM has emerged victorious in the auction for KDHX's assets, placing a winning bid of $8.75 million, edging out K-LOVE's $8.5 million offer. This comes after KDHX faced financial turmoil, resulting in layoffs and dwindling listeners. A bankruptcy judge will weigh in on the sale on June 9.

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Story summary

In a thrilling turn of events, 99.1 Joy FM has emerged victorious in the auction for KDHX's assets, placing a winning bid of $8.75 million, edging out K-LOVE's $8.5 million offer. This comes after KDHX faced financial turmoil, resulting in layoffs and dwindling listeners. A bankruptcy judge will weigh in on the sale on June 9.