Financial Problems
From the takeover by Southport Radio, the station was dogged by financial problems. Issues came to a head during October 2011 when High Court Enforcement Officers acting for multiple creditors removed the station's broadcasting equipment forcing scratch studios to be quickly assembled to get back on-air. During March 2012, a Statutory Demand notice was published in the Southport Champion local newspaper suggesting Dune FM Limited owes a significant sum to Proud FM Limited. On Monday 9 July 2012 Dune FM Ltd was wound up in the Liverpool District Registry
Read more about this topic: Dune FM
Famous quotes containing the words financial and/or problems:
“In full view of his television audience, he preached a new religion—or a new form of Christianity—based on faith in financial miracles and in a Heaven here on earth with a water slide and luxury hotels. It was a religion of celebrity and showmanship and fun, which made a mockery of all puritanical standards and all canons of good taste. Its standard was excess, and its doctrines were tolerance and freedom from accountability.”
—New Yorker (April 23, 1990)
“It’s so easy during those first few months to think that the problems will never end. You feel as if your son will never sleep through the night, will always spit up food after eating, and will never learn to smile—even though you don’t know any adults or even older children who still act this way.”
—Lawrence Kutner (20th century)