WOXY has all kinds of good karma. It must be in the radio waves. Oh wait, I mean, the internet tubes. Or whatever. As you may remember, just two years ago, the Cincinnati-based station ceased its broadcast on the FM dial. A couple of anonymous investors stepped up to the plate in the 12th hour to launch what would become a popular online station. Well, just last month, it looked like WOXY would finally come to an end due to a lack of revenue. But days later, once again, there was a glimmer of hope — entrepreneur Bill Nguyen posted a message on the heavily trafficked WOXY message board about his desire to "save the station." While it was originally believed to be a cruel tease, within days, Nguyen was in Cincinnati where he met with WOXY staff members, anonymous investers, and many of the station's listeners.
According to the Cincinnati Enquirer, Nguyen's plan is to not only invest $5 to 10 million into WOXY in order to keep the station's headquarters in Cincinnati, but also to set up studios in San Francisco and other cities for live performances. Additionally, Nguyen intends to improve the quality of the broadcast and make it free for all listeners once again. He wants to give full editorial control to the station's DJs, as well as give listeners the chance to create their own radio shows that they can share with other listeners.
"What we want to do is give radio back to the listeners," The Cincinnati Enquirer quoted Nguyen.
If Nguyen's name sounds familiar, it should. He is behind LaLa.com, a fledgling online cd-trading service. The user-friendly service allows members to list CDs they have and CDs they want. Each CD sent to you off your "want list" costs you $1.75. Simple enough, eh? The site also recently launched a music store, which WOXY listeners will have access to, as well.
Witnesses of Nguyen's visit to Cincinnati remarked that he wore blue tights and a red cape. They figured it was probably best to just keep quiet about it, though. Afterall, he had no super powers. Just keen business sense and the bank to make things happen. Kinda like Batman.