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The Local Radio Company

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The Local Radio Company
Company typeSubsidiary
IndustryBroadcasting
Founded2004
HeadquartersHigh Wycombe,UK
ProductsLocal Radio
Websitethelocalradiocompany.com

The Local Radio Company is a British media company based in High Wycombe, Buckinghamshire that owns twelve independent local radio stations in the UK. In recent months, the company has been in takeover talks with UTV Media, UKRD Group and Hallwood Financial. [1] [2] However, UKRD successfully acquired the majority share of the company in June 2009[3].

History

TLRC was originally known as Radio Investments Limited until a takeover in 2004.

In the past, all stations owned by the group except Fire 107.6 have broadcast under a contemporary music format known as Music:fun:life which was generally not deemed a success so after the departure of Group Programme Director Gordon Davidson in June 2006 to Emap most stations developed their own branding.

The playlist offers a mix of new and classic pop music, with some special programming such as Party Anthems or Soul on Sunday. Network programmes broadcast by the group include The Lunchtime Gameshow which returned to the network after a break of 2 years in November 2008, hosted by John Harding and Russ Leighton broadcasting from Minster FM in York to the Northern TLRC stations, the hit40uk chart show, Fire 107.6 takes urban chart show Fresh 40. All stations take the Fierce Angel Radio Show on Saturday nights.

For 6 months in 2008 there were 2 new networked shows on the group including the Saturday Afternoon show with Tim West (which not all stations took) and the Network Weekend Breakfast Show with Danny Mathews (previously on Capital Gold, Key 103, Century and the Magic Network). This was short-lived and although the shows were well-received by the audience / RAJAR, the shows contracts were only 6-months long and due to the selling of many stations, these shows ceased in late 2008.

Former networked shows, such as the evening music and comedy show Simon James and Hill and late-night phone-in North-South Divided (which was broadcast jointly from studios in London and Durham to pitch listeners in the South of England against those in the North) have been dropped in favour of more music-based shows that reflect the daytime sound of the TLRC stations. Until recently, Sunday afternoons across the network have been dedicated to a premium rate phone in show hosted by Andy Muir, titled Money on your Mobile.

Network shows are mostly broadcast from Mix 107 in High Wycombe, although they also sometimes came from the alternative network centres at Isle of Wight Radio or Minster FM in York.

In 2005, TLRC made a large number of acquisitions including full control of East Lancashire station 2BR and Bath FM. New licenses Durham FM and Brunel FM went on air in 2005 and 2006 respectively. The latest addition has been Minster Northallerton which started in June 2007 and has moved studio location already... to Alpha 103.2 over the border in Darlington. Before selling them, the company had already moved Bath studios to neighbouring Brunel FM in Swindon.

In 2007 TLRC station Isle of Wight Radio won the Sony Radio Academy Award for Radio Station of the Year (under 300,000). In 2008, Silk FM won the same award, having been shortlisted the previous year, On June 30, 2008 TLRC announced plans to sell six of its stations, 3TR, Bath, Brunel, Ivel, Pennine and Vale after selling loss incurring Dune FM earlier in the month. This was followed by Central FM in September 2008.

Since then, TLRC has made a licensing agreement with GMG Radio for three years to run the rebranded jazzfm.com service as Jazz FM on a number of DAB multiplexes, on digital satellite and on the Internet.[4] The station has been live since October 6th 2008, sharing studios with Mix 107 in High Wycombe.

On January 7, 2009 The Local Radio Company placed Jazz FM up for sale following a strategic review of the company.[5] The station was sold to former chairman of TLRC Richard Wheatly on April 9, 2009 for the sum of £1.[6]

TLRC has recently made a number of disposals and closures of its stations.

Stations

Sold and closed stations

References

  1. ^ UTV takeover, Broadcast Now, December 20, 2008
  2. ^ RadioToday
  3. ^ Offer Closed: The Local Radio Company
  4. ^ Welsh, James (2008-06-30). "TLRC sells stations, resurrects Jazz FM". Digital Spy. Retrieved 2008-06-30.
  5. ^ "LRC starts talks with Wheatly over Jazz FM sale". Marketing Week. 2009-01-07. Retrieved 2009-01-07.
  6. ^ "Jazz FM sold to Wheatly". Radio Today. 2009-04-09. Retrieved 2009-04-09.