WOXY.com to shut down September 15 unless buyer can be found

[LTR]

Listeners, fans and friends,

This sucks.

This is the moment all of us hoped would never come. After plugging away at this for the past two years, it’s become pretty clear that operating woxy.com as a stand-alone Internet "radio station" is not going to cut it. Our operating costs are higher than you might think, and the revenue we were able to generate from advertising isn’t close to supporting what we’re doing. Even membership revenue wasn’t enough to get us there. When your business doesn’t make money, you eventually go out of business.

With this in mind, we’ve been looking for either a significant partner – someone with a larger plan into which woxy.com could be plugged – or an outright buyer. That search hasn’t been fruitful. We’re still willing to entertain offers and explore possibilities (email [e-mail]), but our time is short. We thought it was time to share our situation with you ... to give you a heads-up.

You might be saying, "What can I do to help?" Unfortunately, unless you have significant investment capital and a way to profit from the wonderful programming we create, you can’t. As of today, we will no longer be selling or renewing memberships or accepting contributions. Please don’t send us money ... it will just mean we have to send it back to you.

(snip)

Barring something exceptional happening in the next two weeks, we will silence our broadcasts on Friday, September 15th.

http://www.woxy.com/

[GoddessOfGuinness]

1. tweaking for a wealthy benefactor

[enigmatic]

2. Ugh

I'm really sorry to hear about this. Everybody who is in internet radio knows how hard it is to build an audience in such a fractured market; I hope someone can come forward and pump some cash into it..