UK: SMG BUYS GB[pound] 70MN STAKE IN SCOTTISH RADIO
Article Abstract:
SMG, Scottish media group, has decided to pay GB[pound] 70mn for a 15% stake in Scottish Radio. The move came days ahead of a Government White Paper on cross-media ownership. The White Paper is likely to relax media ownership rules and so it has taken first mover advantage with Scottish Radio. SMG plans to raise its stake to 19.9% which is the current limit deemed not to affect operating control. Scottish Radio holds 16 radio licences in Scotland and 60 weekly newspapers.
Publication Name: The Independent
Subject: Retail industry
ISSN: 0951-9467
Year: 2000
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UK: NEW ALLIANCE OF RADIO RIVALS FORMED
Article Abstract:
Rival radio companies, the Wireless Group, GWR Group and Scottish Radio Holdings, have formed a new consortium called The Digital Radio Group to bid for four digital regional radio licenses. The new group will bid for multiplex licences in the North-east, the West Midlands, the North-west and the Severn Estuary. All three companies already have interests in other regional digital radio licenses.
Publication Name: The Independent
Subject: Retail industry
ISSN: 0951-9467
Year: 2000
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Radio days
Article Abstract:
The impact of radio is considered on the 100th anniversary of Guglielmo Marconi transmitting his first transatlantic radio signal. It must be remembered that radio, which is now taken for granted, was regarded as a significant innovation.
Publication Name: The Independent
Subject: Retail industry
ISSN: 0951-9467
Year: 2001
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