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)
“Ours is a brand—new world of allatonceness. “Time” has ceased, “space” has vanished. We now live in a global village ... a simultaneous happening.”
—Marshall McLuhan (1911–1980)
“... the ... radio station played a Chopin polonaise. On all the following days news bulletins were prefaced by Chopin—preludes, etudes, waltzes, mazurkas. The war became for me a victory, known in advance, Chopin over Hitler.”
—Margaret Anderson (1886–1973)