Angel Funding. Truly.
October 17, 2006 5:00 AM Subscribe
WOXY is Dead. Long Live WOXY. One of the best modern music stations, WOXY (previously discussed here), closed up shop in September 15, 2006 after running out of money. Their subscription-based model failed to generate sufficient revenue to keep the station on-line. Amazingly, their plea for "white knight" funding was answered 5 days later. Their savior was Bill Nguyen of lala.com. Within 4 weeks WOXY was up and running again - no fees, same format and same staff.
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