The closure Channel 4's radio division, as announced today, will involve up to 15 job losses, although staff will be consulted about possible redeployment within the Channel 4 Group.
The radio industry was hoping the investment made by Channel 4 Radio entering the market would re-invent digital radio and provide a much needed boost after recent events such as the closure of theJazz and other GCap stations on Digital One.
Channel 4 had been due to launch three stations initially – music and entertainment station E4 Radio, speech station Channel 4 Radio, and music station Pure4. Bob Shennan left his position at BBC Radio 5 Live to take charge of the new division, and was shortly due to be joined by Simon Daglish, former GCap Media national sales director.
Ofcom will 'work out' what it intends to do with the licence in due course.
