{"id":639206,"date":"2026-05-12T20:36:12","date_gmt":"2026-05-12T20:36:12","guid":{"rendered":"https:\/\/www.newsbeep.com\/us\/639206\/"},"modified":"2026-05-12T20:36:12","modified_gmt":"2026-05-12T20:36:12","slug":"global-one-media-moves-to-chapter-7-liquidation-ahead-of-divestment","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us\/639206\/","title":{"rendered":"Global One Media Moves To Chapter 7 Liquidation Ahead Of Divestment"},"content":{"rendered":"

\"GlobalGlobal One Media has converted its Chapter 11 bankruptcy protection to Chapter 7 liquidation.<\/p>\n

The company was founded by Richard Hudson in 2022 with the $1 million purchase<\/a> of Ruby Radio Corporation\u2019s stations in Elko NV followed by the $1.1 million acquisition<\/a> of Rooney Moon Broadcasting\u2019s properties in Clovis NM. It filed for bankruptcy in 2024 with Newtek Small Business Finance LLC claiming it was owned $2.8 million secured by Global One\u2019s personal property. After court hearings due to Newtek filing its claims in the wrong jurisdiction<\/a>, Global One\u2019s trustee won on appeal with Newtek\u2019s claims becoming unsecured.<\/p>\n

Now the company has filed with the FCC to transfer the licenses to Chapter 7 trustee Brian Shapiro with the US Bankruptcy Court District of Nevada Judge Mike Nakagawa also approving a $550,000 good-faith acquisition by William Hudson\u2019s Aegis Media Holdings. That sale is structured with Aegis paying $300,000 for the station assets and $250,000 for two real estate parcels in New Mexico. <\/p>\n

Global One Media owns Rock \u201cOverdrive 101.5<\/a>\u201d KRMQ Clovis, Country 105.9 KSEL-FM Portales, Hot AC \u201cMix 107.5<\/a>\u201d KSMX-FM Clovis, and Classic Country \u201cCow Country<\/a>\u201d 1450 KSEL Portales in the Clovis NM market and Classic Hits \u201cKool 94.5<\/a>\u201d KUOL Elko, Hot AC \u201cMix 96.7<\/a>\u201d KHIX Carlin, Country \u201cBig Country 103.9<\/a>\u201d KBGZ Spring Creek, Rock \u201cOverdrive 100.5<\/a>\u201d K263BD Spring Creek\/KBGZ-HD4, Classic Rock \u201chttps:\/\/rock1011fm.com\u201d<\/a>;>Coyote Rock\u201d 101.1 K266AB Elko\/KBGZ-HD3, and Conservative Talk \u201cTalk Radio 107.7<\/a>\u201d K299AN Elko\/KBGZ-HD2 in Elka<\/p>\n","protected":false},"excerpt":{"rendered":"Global One Media has converted its Chapter 11 bankruptcy protection to Chapter 7 liquidation. The company was founded…\n","protected":false},"author":2,"featured_media":639207,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[53],"tags":[88,216],"class_list":["post-639206","post","type-post","status-publish","format-standard","has-post-thumbnail","category-music","tag-entertainment","tag-music"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/639206","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/comments?post=639206"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/639206\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media\/639207"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media?parent=639206"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/categories?post=639206"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/tags?post=639206"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}