WOXY.com announced via its website that effective today, March 23rd, it is shutting down broadcasting due to a lack of funds. I hope they can continue operating, but this type of step indicates thier financial backers are unable to carry on support of the station. They may need another white knight. Good luck to the whole WOXY staff. I hope they are back on the air soon.
UPDATE: CityBeat's Mike Breen has a blog post including reference to a Facebook post from a long time WOXY staff member. The future does not look promising.
UPDATE #2: WOXY staffer Joe Long shared his thoughts on WOXY going silent via his music blog: www.eachnotesecure.com.
UPDATE #3: Jason at the Cincinnati Man has more, including a response from WOXY owner Future Sounds.