Chrysalis share price rises as board admit takeover considerations
Chrysalis shares rose eight percent after the company confirmed preliminary takeover discussions, with Warner Music and Universal Music rumoured as interested buyers.…
Chrysalis
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Commercial radio reorganises shared programming
Commercial radio body Radio Centre has reorganised networked programming, with GCap, Global Radio and Emap Radio each taking responsibility for different shared shows.…
Jeremy Lascelles appointed CEO of Chrysalis Group, replacing Richard Huntingford
Jeremy Lascelles has been named CEO of the Chrysalis Group, succeeding Richard Huntingford, who has resigned; Andy Mollett takes on the group-level finance role.…
Virgin Radio flotation delayed
The flotation of Virgin Radio is unlikely this year after CEO Paul Jackson left for GCap, with SMG reportedly seeking £105 million for the station.…
Senior Chrysalis Radio executives axed
Several senior executives at Chrysalis Radio, now Global Radio, have been axed, while Don Thomson and Mark Evans become COO and CFO.…
Chrysalis sell radio business
The Chrysalis Group has sold its radio business, including Heart, Galaxy and LBC, to Global Radio for £170 million, a company headed by Charles Allen.…
Irish equity firm Lydian Capital Partners reportedly bidding for Chrysalis Radio
Irish private equity firm Lydian Capital Partners is reportedly in exclusive talks to buy Chrysalis Radio, owner of Heart, Galaxy and LBC, for around £175m.…
Sanctuary sell Air-Edel
Sanctuary has sold its stake in Air-Edel to rival sync firm Cutting Edge Music for just under half a million pounds, payable over eighteen months.…
GCap boss predicts more UK radio mergers
GCap chief Ralph Bernard predicts further UK radio consolidation but says his company is not currently in a position to pursue mergers or acquisitions.…
RadioCentre talking to Icstis over premium phone services
Commercial radio body RadioCentre is talking to premium rate regulator Icstis after concerns about phone-in pricing and pre-recorded shows on text-in stations.…
GCap hires Chrysalis programme head Pete Simmons
GCap has hired Pete Simmons, Head of Programmes at rival Chrysalis, as Programme Director for Content and Digital.…
Chrysalis may consider management buyout of radio business
Chrysalis says a management buyout of its radio business is among the options it will consider, after rumours that Chrysalis Radio boss Phil Riley was seeking to lead a takeover.…