Revolution 96.2 is in advanced talks with administrators to bring the Oldham Chronicle back to the town just days after the newspaper went into administration.
Less than two weeks ago, Oldham Chronicle’s parent company Hirst, Kidd and Rennie Limited announced the publication, which had been serving the town daily for 163-years, would close with the loss of 49 jobs.
Now Matt Ramsbottom, Managing Director of Revolution 96.2, has announced they are in advanced talks with administrators Paul Flint and Jonathan Marston of KPMG to purchase the newspaper: “We believe there is still a lot of love for the Oldham Chronicle, not just from the thousands of people who read it every day.
“Oldham has a very strong local business community that also understood the Oldham Chronicle was at the heart of that community.”
Member of Parliament for Oldham West and Royton, Jim McMahon said: “It’s massive strength was that it was of the town and of its people and whoever takes it over has got to make sure that that local community connection is at the heart of any bid going forward.”
Chronicle owners Hirst, Kidd and Rennie Ltd was a shareholder in the original guise of The Revolution, which went on air in 1999. The company maintained its shareholding in the station until 2008 when it was sold to Steve Penk.
