UTV is awarded Britain’s second radio licence
? UTV Media was awarded Britain’s second national DAB (digital audio broadcasting) radio licence by the communications regulator, Ofcom, last week along with its partners in the Sound Digital consortium, Bauer Media and Arqiva.
UTV will now move ahead with plans to launch four new radio stations on this service in 2016, including three talk radio stations to its popular Talksport station. UTV said it will invest around £5.4 million, including capital expenditure of £1 million, to set up the stations.
Following a further investment of around £1 million in 2017, the stations are expected to move into significant profit.
“Ofcom is not expected to advertise any further national DAB multiplex...
Subscribe from just €1 for the first month!
Exclusive offers:
All Digital Access + eReader
Trial
€1
Unlimited Access for 1 Month
*New subscribers only
Annual
€200
€149 For the 1st Year
Unlimited Access for 1 Year
Quarterly
€55
€42
90 Day Pass
2 Yearly
€315
€248
Unlimited Access for 2 Years
Team Pass
Get a Business Account for you and your team
Related Stories
Tom Maguire: Tax changes we make now could help business for years
The way we did business a few months ago may never return – so the opportunity is to make changes that will both aid recovery and set us up well for our new futures
The Daily Briefing
What’s coming up today and what you might have missed
The Daily Briefing
What’s coming up today and what you might have missed.