Capital Life - Closure

Closure

On 11 January 2008, newly appointed GCap Chief Executive Fru Hazlitt announced a package of measures to save GCap Media from being taken over and prevent the company from slipping further into the red due to bad trading conditions within the radio industry. Under Fru Hazlitt, GCap announced a complete retreat from DAB Digital Radio. (A bold move, after the Ralph Bernard years in charge of the company, who had been a big supporter of Digital Radio, both while in charge of GWR Group PLC and GCap Media.) It had already been announced in 2007 that Life, along with sister station Core were to close with all investment in them ceasing. It was only now that there had been any announcement that TheJazz was to close and that Planet Rock would be sold. Life continued to broadcast until 31 March, when it went off air at just after 11pm, along with theJazz.

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