The family needs to cut their losses, submit to the inevitable, and turn in the license. People now get their news, information, and entertainment from other sources. And those who once listened to the station have long since either passed on, or switched the dial to other stations. It's over for this station. Their best days are behind them.
And the building that houses the station could be put to better use for something (or someone) else.
And the building that houses the station could be put to better use for something (or someone) else.