Major radio group GWR will launch a new holding company, jointly owned with Scottish Radio Holdings, called Vibe Radio Services. The jointly owned group will own Vibe FM in East Anglia and Galaxy 101, the Bristol version of the dance station, which GWR acquired in a recent deal with rival radio operators Chrysalis. Why Chrysalis wanted to break up its burgeoning Galaxy network is unclear, though the sale technically puts two of the three main radio stations in Bristol in GWR’s control. Meanwhile Chrysalis, who in the same deal acquired the London based speech station LBC, will swap the station’s two services, putting the rolling news service London News Direct on AM, and the more feature based LBC on FM. Some critics have said the move is part of Chrysalis’ mission to put lifestyle and entertainment content before serious news at LBC.
Sep 30, 2002
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1 min read
GWR launch new holding company
GWR is launching Vibe Radio Services with Scottish Radio Holdings, which will own Vibe FM and Bristol's Galaxy 101, bought from Chrysalis.