Radio control plan blocked.
The Radio Authority has switched off plans by Midland News Association to buy a controlling interest in Telford FM.It decided it would be against the public interest for the newspaper publisher, which owns the Shropshire Star and Express & Star, to also have a stake in a local broadcaster.
The authority received a significant number of responses to a public consultation, all of them raising concerns with the proposed deal.
In its response it stated: 'Taking account of the market shares obtained by MNA and Telford FM and the coherent and credible objections raised by respondents to the consultation, the Authority determined the arrangement could be expected to operate against the public interest.'
 Printer friendly
 Cite/link
 Email
 Feedback
| |
| Title Annotation: | Business |
|---|---|
| Publication: | The Birmingham Post (England) |
| Date: | Dec 12, 2003 |
| Words: | 113 |
| Previous Article: | RAC on road towards strong full-year results. |
| Next Article: | GOLF: Darren Prosser. |
| Fuji's dance with NBS and its suitors. |
| Lib Dems to block plans for academies. |