A new study from the Digital Radio Development Bureau (DRDB) shows that 63% of drivers expect a new car to come with DAB radio (either with or without CD) as standard. The majority of 1,000 people surveyed for the study were mass market drivers owning cars priced between £7,000 and £15,000, with Ford and Vauxhall… Continue reading 63% of drivers expect a new car to come with DAB radio
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Global Radio has today confirmed the sale of its majority stake in the national digital radio platform Digital One to fellow shareholder Arqiva.Transmission company Arqiva, previously a 37% shareholder, is understood to have paid a nominal sum for Global Radio’s 63% stake.However, in return Global expects cheaper transmission costs for its digital stations from Arqiva.Digital… Continue reading Global sells Digital One to Arqiva
Ofcom has called for regulatory and legislative changes to secure the future of commercial and local radio stations.In its submission to the government, following Lord Carter’s Digital Britain report, the media regulator suggests restructuring “both the analogue and digital radio landscapes, in order to secure the future of commercial and community radio in the face… Continue reading Ofcom calls for regulatory changes to ensure future of commercial radio
Bauer Media is currently in talks with Global Radio to buy five of its Midlands stations.Global Radio offered to dispose of the five Midlands stations in a bid to appease the Office of Fair Trading, after its £375 million acquisition of GCap Media in April 2008 (see Global Offers To Sell Off Midlands Stations).At the… Continue reading Bauer bids for five Global stations
RadioCentre is urging the Office of Fair Trading (OFT) to relax rules on local media mergers in a bid to prevent station closures.The industry body for commercial radio had pressed the OFT to ensure its current local and regional media merger review spans all media, not just local newspapers.In its submission to the competition body,… Continue reading RadioCentre pushes for commercial radio review
Former co-founder and CEO of Billetts Andy Pearch has joined forces with former MD of Carat Graham Brown to launch a new media performance management company.Media Sense offers brand owners a “fresh, innovative and more strategic approach to engineering greater value and performance from media investments”.The new company will service clients in the UK and… Continue reading Ex-Billetts chief involved in new start-up
Ofcom has today fined the BBC a total of £150,000 for the Jonathan Ross and Russell Brand scandal, which took place on Radio 2 last year.The watchdog called Ross and Brand’s comments about Georgina Baillie, the granddaughter of actor Andrew Sachs, “gratuitously offensive, humiliating and demeaning”.Ofcom said: “the scale of the fine reflects the extraordinary… Continue reading Ofcom fines BBC £150,000 for “Sachsgate” affair
Global Radio is set to sell its 63% stake in the national digital radio multiplex, Digital One, to its fellow shareholder Arqiva.The deal, which is thought to be for a nominal sum, will see Global swap its share of Digital One in exchange for cheaper transmission costs for its digital stations from Arqiva, according to… Continue reading Global to sell Digital One stake
The Local Radio Company has received a £1.25m cash takeover bid from Cornwall-based radio group UKRD.The Local Radio Company, which owns 20 local stations around the UK, is one of the few remaining publicly listed radio companies in the UK.Trevor Smallwood, chairman of UKRD, said: “We believe the offer represents an attractive premium over recent… Continue reading Local Radio Company receives £1.25m takeover bid
Absolute Radio has signed a deal to sell Planet Rock’s airtime and online advertising from 1 April, alongside its own network of stations.Planet Rock – which will be sold alongside Absolute Radio, Absolute Classic Rock and Absolute Xtreme – will be establishing its own sponsorship and promotions team.Donnach O’Driscoll, CEO of Absolute Radio, said: “Absolute… Continue reading Absolute Radio and Planet Rock sign ad sales deal