Takeover By Global Radio
The Office of Fair Trading conducted an investigation into the takeover of GCap by Global and cleared it in August 2008, on the condition that BRMB, Beacon Radio, Mercia FM, Wyvern FM and Heart East Midlands were sold to satisfy competition concerns.
On September 23, 2008, it was announced that Fun Radio had been sold to Folder Media, leaving Chill as GCap's only digital station.
Read more about this topic: GCap Media
Famous quotes containing the words takeover, global and/or radio:
“A poet is a combination of an instrument and a human being in one person, with the former gradually taking over the latter. The sensation of this takeover is responsible for timbre; the realization of it, for destiny.”
—Joseph Brodsky (b. 1940)
“The Sage of Toronto ... spent several decades marveling at the numerous freedoms created by a “global village” instantly and effortlessly accessible to all. Villages, unlike towns, have always been ruled by conformism, isolation, petty surveillance, boredom and repetitive malicious gossip about the same families. Which is a precise enough description of the global spectacle’s present vulgarity.”
—Guy Debord (b. 1931)
“The radio ... goes on early in the morning and is listened to at all hours of the day, until nine, ten and often eleven o’clock in the evening. This is certainly a sign that the grown-ups have infinite patience, but it also means that the power of absorption of their brains is pretty limited, with exceptions, of course—I don’t want to hurt anyone’s feelings. One or two news bulletins would be ample per day! But the old geese, well—I’ve said my piece!”
—Anne Frank (1929–1945)