Community radio station Radio Teesdale is closing after 13 years of serving Barnard Castle in County Durham.
For the last 10 years, the station has been operating on FM under a licence from Ofcom and says a lack of funding is to blame for the closure. It operates on 102.1FM and 105.5FM.
A message on social media says the station relies on grants and ad revenue, but “the reduction in both sources of funding has led it to conclude that it can no longer continue to trade”.
“We set up Radio Teesdale to service the community, it is a very sad day for everyone who has been involved and has benefited from the services it provided” commented Alastair Dinwiddie Chairman.
He continued: “The board have worked with Walsh Taylor to try and find an alternative route to closure but after investigating a number of routes we have come to the conclusion that sadly closure is the only option. The organisation has instructed insolvency practice Walsh Taylor to oversee the process. The board would particularly like to thank all our funders and advertisers for their support in the past and the members for their support.”