TLRC sells Central FM stake
Posted by
TLRC sells Central FM stake

Central FM's Chairman John Quinn has gained full control of the station after purchasing The Local Radio Company's 64 per cent shareholding.

Quinn bought the extra shares in the Falkirk station for £575,000.

Central FM currently has a weekly reach of 40,200 listeners and total hours of 354,300 hours per week. In the ten months to the end of July, the station had a turnover of £721,900 and an operating loss of £32,266 after central costs.

TLRC has reduced its portfolio of stations over recent months; in May the company sold 107.9 Dune FM in Southport.

Hear more radio industry news like this at the top of the hour on inRadio - the radio industry's very own radio station. Listen now in a new window whilst you continue reading RadioToday or press play below.

0 0 367 22 August, 2008 Industry News 6:27 am 20088 Friday, August 22nd, 2008

Leave a Reply

Looking for something else?


Subscribe to our emails to stay informed about the latest radio news and products delivered straight to your inbox.

Related Posts

No related posts were found
WorldDAB General Assembly 2016 - November 9, 2016 at 10:00 am ()
Student Radio Awards - November 10, 2016 at 6:00 pm (The O₂ 10 Entertainment Avenue, London, SE10 0DY, England)
BBC Gillard Awards - November 10, 2016 at 7:00 pm (Newcastle)
Audio Production Awards - November 23, 2016 at 6:00 pm (BFI Southbank, Belvedere Road, London)
Radio TechCon 2016 - November 28, 2016 at 10:00 am (The Arts Theatre, 6-7 Great Newport St, London WC2H 7JB)
Salon de la Radio - January 29, 2017 at 10:00 am (Paris)
Salon de la Radio - January 30, 2017 at 10:00 am (Paris)
Salon de la Radio - January 31, 2017 at 10:00 am (Paris)
More events