End of Operations
Disney's launch of its own, CHR-oriented children's network, Radio Disney, spelled the demise of Radio AAHS. Children's Broadcasting Corporation was unable to compete with Disney's established brand and resources. After briefly renaming itself AAHS World Radio, the network discontinued programming in January 1998. The corporation broadcast a mix of random music and paid-programming (6am-6pm CT) and Beat Radio, a dance/club music format (6pm-6am CT), until its ten company-owned stations could be sold. The sale of the stations was completed in late October 1998 to Catholic Family Radio.
Following the shuttering of the network, some of the Radio Aahs staff joined XM Kids, the children's channel of XM Satellite Radio, which launched in late 2001.
In 2002, Children's Broadcasting won a lawsuit against Disney for $9.5 million in damages, with the judgment becoming final in 2004. The assets of Radio AAHS were rolled into Intelefilm Corp. The business changed its focus to provision of digital services and products, but soon filed for Chapter 11 bankruptcy. The award of $12.4 million from Disney was used to pay creditors following liquidation of the insolvent company.
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