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CLT-UFA Reconsiders UK Radio Assets

CLT-UFA Reconsiders UK Radio Assets

Luxembourg-based broadcast media company CLT-UFA is currently considering the future of its UK radio assets, although the company will not confirm that it intends to sell its stakes as has been reported elsewhere.

CLT-UFA holds stakes in Talk Radio, RTL Country 1035 AM and Xfm and wholly owns Atlantic 252. The review comes after CLT-UFA had said that it wished to concentrate on its national commercial stations in the UK and was considering reorganising or selling its local commercial interests (subscribers see CLT Considers Its Radio Options).

A spokeswoman for CLT-UFA Luxembourg told Newsline that the review had only just begun and nothing has yet been decided, although she did confirm that a sale may be a possible outcome of the discussions.

CLT-UFA Luxembourg: 00 352 421 423 003

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