YELLOW SPRINGS, OHIO—July 3, 2013—The transfer of ownership of the non-commercial FM radio station WYSO from Antioch University to Antioch College was completed as of July 2 with the formal approval of the license transfer from the Federal Communications Commission and approval from the Greene County (Ohio) Probate Court.
WYSO operates at 50,000 watts in the Charles Kettering Building at 150 E. South College Street. Ownership of the station and the building remained with Antioch University when an alumni-led group purchased the College and most of its assets in September 2009, more than a year after closure.
“Since 1958, Antioch University has invested heavily in building WYSO into a state of the art public radio station serving the Miami Valley. We are excited to help Antioch College Corporation grow on its path to initial accreditation and know that WYSO will continue to thrive under its stewardship,” said Antioch University Chancellor Felice Nudelman.
“As Antioch University continues to expand as a national innovator in higher education and fulfill its historic mission, the transfer of WYSO is an important part of our commitment to collaborate with the new Antioch College. I want to thank WYSO General Manager Neenah Ellis and her team for their great work and focus through this process and we wish them the best going forward as we all look to working together to support their vital role in our community,” she added.
The respective governing boards approved the structure of the agreement in December. Under the agreement, Antioch College is purchasing the radio station and the Kettering Building. Additionally, Antioch University has eliminated socalled “reverter clauses” from documents executed in the 2009 asset purchase.
All staff working at WYSO become employees of Antioch College effective the date of the execution of the acquisition documents and the agreement and transfer will not impact programming or operations of the station.