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Commercial stations and the BBC expected to confirm the switchover to digital services, 40 years after Britain’s first independent station opened

Capital acquires Virgin Radio

Cathy Newman

The right move, without a shadow of a doubt

Gordon Brown's conversion to the cause of an independently determined monetary policy has been such a swift one that the rather eccentric approach he eventually adopts should come as no surprise. It wasn't so many years ago that the new Chancellor was against it altogether, though to be fair he has accepted for some little while now that Bank of England independence is "a good thing" in principle - an acceptance that found its expression in the curious hotchpotch of half-way house proposals he announced a couple of months back.

The Investment Column: Capital shares power ahead

Shares in Capital Radio jumped 18p to 542.5p yesterday in busy trade that saw more than a million change hands after the company's annual meeting helped reverse a relentless slide over the past year. "Our radio revenues continue to grow ahead of the radio market as a whole, the radio industry took a record 4.6 per cent of the UK's display advertising market in the year to September 1996 and independent forecasters predict that this share will continue to grow," was its encouraging, if terse, message.

Your Money: The cafe society needs researchers

Fancy a cappuccino? Then put your money where your mouth is, says Justin Urquhart-Stewart

A commercial licence will soon be awarded for London. Will the Radio Authority finally get to flex its muscles?

The relationship between the broadcast media and their regulators - the Independent Television Commission and the Radio Authority - is always a bit fraught. Commercial broadcasters push as hard as they can against ceilings of any description, including limits on ownership, watershed rules and sponsorship restrictions. The regulators fight back, intent on using their full powers to ensure that public service interests are met and that programmes, whether on telly or on the wireless, are of a sufficiently high and morally acceptable standard.

Obituary : Tricia Ingrams

The art of being a good radio and television interviewer is to be a good listener. Interviewees sensed Tricia Ingrams's interest in them and her gentle manner drew revealing insights. She was especially good at interviewing children. Young leukaemia sufferers or transplant patients and their families enjoyed her support long after their news value had ended.

Capital moves into restaurant business

Capital Radio, the profitable commercial radio company, yesterday turned its back on the overvalued media sector, confirming a much-trailed pounds 51m acquisition of My Kinda Town, the themed restaurants business.

Radio success gives new Heart to Chrysalis boss

A Boardroom mutiny at the loss-making music and media group Chrysalis has backfired, strengthening the position of executive chairman Chris Wright rather than the high-profile rebels who stormed out of the company three weeks ago.

Mathew Horsman on the battle to rule the waves

Discussion of the new Broadcasting Act, scheduled to come into effect this autumn, has so far been largely limited to the television and newspaper sectors. But when the dust settles, the new ownership rules may have a greater effect on commercial radio than on ITV or Fleet Street.

Books: Goodbye Kenny, it's nice to see you back

Roger Clarke on the anarchic tendencies and lonely death of the altar-boy who never grew up; In the Best Possible Taste: The Crazy Life of Kenny Everett by David Lister Bloomsbury, pounds 16.99

GWR poised to take control of Classic FM

GWR, the quoted commercial radio company, is ready to take control of Classic FM, one of four national radio stations in the UK, sources close to the company said last night.

Virgin turns cheeky in capital war

Richard Branson's London radio station has been riling rivals in a bid to boost audience figures. Meg Carter reports

on the race for a radio licence

Any doubt that radio is a sexy, profitable and attractive medium will be dispelled today when the Radio Authority receives up to 30 applications for the new London FM licence, to be awarded by October.

CLT set to join bidders for London FM radio licence

CLT, the Luxembourg-based broadcaster, is expected this week to confirm it is bidding for the hotly contested London FM licence, offering a "pop" music format similar to its successful Atlantic 252 station.
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