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Grampian Increases Holding In Scot FM

Grampian Increases Holding In Scot FM

Grampian Television has purchased Border Television’s 37% stake in Central Scotland Radio Limited, the company which broadcasts regional radio station Scot FM.

This acquisition brings Grampian’s ownership to over 95% of Scot FM. The four directors on the board from Border are stepping down, including Chairman Sir David Steel.

Scot FM Managing Director Tom Hunter said, “This is a great vote of confidence from Grampian in the future of Scot FM where, after only six months on air, we have made a major breakthrough with a 77% increase in audience listening over the first quarter of 1995”. The detailed audience data for Q1 1995 is released today.

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