Board of Double Helix secures future for organization with sale of its FCC license
The board of directors of Double Helix Corporation, the current licensee for FM 88.1 KDHX St. Louis, has made the decision to sell its FCC license and broadcast tower. This decision secures the organization’s ability to continue its mission and creates a solid foundation for a successful transition, thus responding to current changes in the media landscape.
With mission and sustainability as a driving focus, the board has signed an agreement with K-LOVE, Inc. to sell the FCC license and broadcast tower and has asked the U.S. Bankruptcy Court to approve the agreement.
Careful thought was given to the decision to sell assets, and many factors were considered. Double Helix was able to negotiate an offer that exceeds expected market value at a time when the value of broadcast licenses is declining. By selling these assets now, Double Helix can save over $500,000 in needed broadcast infrastructure repairs and instead can redirect that money toward future projects. We are selling these assets when they can bring the most value to help us secure our future and achieve our mission.
We understand that this decision brings concerns and questions, and we want to assure our community that Double Helix’s future remains strong and community-driven. This sale is not the end of KDHX—it is a transformation that allows us to continue our mission in new and sustainable ways. While we don’t yet know all the ways we will do that, we look forward to a time of gathering input from volunteers, listeners, content creators, and industry leaders to help shape this future.
Double Helix’s future remains rooted in its commitment to independent, community-driven media. By securing financial independence, we are ensuring that the organization can continue to evolve, adapt, and serve its audience without the burden of financial instability. This transition enables us to reinvest in innovative programming, expand our digital presence, and create new opportunities for community engagement.
While the medium may change, our mission remains the same—to build community through media, driven by the voices, stories, and creativity of those we serve.