FNX Radio SOLD

 The Oedipus Effect


Seventeen employees were laid off, according to Phoenix Media/Communications Group executive editor Peter Kadzis. The station, which had 21 employees -- 9 full-time and 12 part-time -- now has three full-timers and one part timer.


WFNX, which was founded in 1983, has been one of the last independent radio stations in the Boston market, catering to a new music niche. But Mindich indicated in his memo that the ratings are no longer high enough to keep the station in business on its own.


http://www.boston.com/businessupdates/2012/05/16/rock-station-wfnx-being-sold-clear-channel/yEjQyH34SuVA6HPXpjZ5KM/story.html