I don't know how many ways to say "rot in hell" to Wells, Peirson, and that whole board!
https://www.stlmag.com/news/secret-plan-kdhx-broadcast-license/
Secret meeting sought to save KDHX |
At a clandestine meeting facilitated by former St. Louis mayor Vince Schoemehl on March 16, three local businessmen offered to put up the money to be an alternative lender for KDHX, the embattled community radio station now in bankruptcy court.
Jon Parker (of Parker's Table), Steven Fitzpatrick Smith (of The Royale), and developer Jason Deem say they believed they had a handshake deal with station leadership to swap themselves in as what's called a lender in possession. They believed that step was key to stopping the station from selling its broadcast license to Christian radio behemoth K-LOVE.
Station leaders, however, were more focused on getting apologies from Smith and Parker, whom they blamed for turning the business community against KDHX. Ultimately, board president Gary Pierson told Deem that KDHX could not deal with Parker and Smith—and while Deem said he could put together the funding without either being involved, Pierson soon informed him it was too late.
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