Located in downtown Chicago, Moody Radio has 71 owned and operated stations [1] and hundreds of affiliates and outlets that carry all or part of its programming.

The format features local morning drives, teaching and national talk programming, plus specially selected Christian music.

This opened the door for two cornet-playing Moody Bible Institute students, who happened to be on-site and could fill the time slot.

Few would have thought this "chance-encounter" would result in a weekly show and less than a year later help to launch WMBI, the first noncommercial educational and religious radio station.

The company announced that the proceeds from the sale would be put towards furthering the expansion of Moody Radio with added digital and online content in both English and Spanish.