The deal with Disney finally fell apart in a meeting on June 21, 1996, when then-ABC President David Kantor told CBC that Disney would not exercise its warrants and that it was close to starting its own kids' network. On July 30, Disney formally canceled the contract and announced it was starting its own kids network. Following that announcement Disney quickly informed Radio AAHS that it was no longer allowed to broadcast from Disney theme parks. Disney's launch of its own, CHR-oriented children's network, Radio Disney, spelled the demise of Radio AAHS. Children's Broadcasting Corporation was unable to compete with Disney's name recognition and resources. After briefly renaming itself AAHS World Radio, the network discontinued programming in January 1998. The corporation broadcast a mix of random music and paid-programming (6am-6pm CT) and Beat Radio, a dance/club music format (6pm-6am CT), until its ten company-owned stations could be sold. The sale of the stations was completed in late October 1998 to Catholic Family Radio. Following the shuttering of the network, some of the Radio Aahs staff joined XM Kids, the children's channel of XM Satellite Radio, which launched in late 2001. In 2002, Children's Broadcasting won a lawsuit against Disney for $9.5 million in damages, with the judgment becoming final in 2004. The assets of Radio AAHS were rolled into Intelefilm Corp. The business changed its focus to provision of digital services and products, but soon filed for Chapter 11 bankruptcy. The award of $12.4 million from Disney was used to pay creditors following liquidation of the insolvent company. Programming A sample hour of music early in 1995 included "I Just Can't Wait to Be King" (from The Lion King soundtrack) by Jason Weaver; "Don't Rock the Jukebox" by The Chipmunks and Alan Jackson; "Thank You" by Boyz II Men; "The Missing Parade" by Tom Chapin; "She Drives Me Crazy" by Kermit the Frog and Miss Piggy; and "Help!" by Little Texas. Network programming began with a morning show, The All-American Alarm Clock (which was introduced by the Craig Taubman song, "Good Morning" at the top of the hour from 6 to 11 ET), and continued with music throughout the day, as well as a feature of News for Kids, skits, jokes and stories. The network grew by creating original content at a regional level and then serving out the shows to the network at-large. One program, The Toy Talk Show,