Partly Cloudy

Partly Cloudy

max temp: 3°C

min temp: -1°C

ESTD 1874 Search

East Anglia: Radio stations Town 102, Dream 100 and The Beach under new ownership

11:46 05 February 2013

Town 102 is one of five radio stations sold in a management buy-out

Town 102 is one of five radio stations sold in a management buy-out

Archant

FIVE local radio stations in East Anglia have changed hands in a management buy-out deal.

Town 102 in Ipswich, Dream 100 in Colchester, The Beach, which covers Southwold, Lowestoft and Great Yarmouth, Norwich 99.9 and North Norfolk Radio have been acquired by Media Aspect Local from Tindle Radio.

The chief executive of Media Aspect Local is David Lovell who was previously Tindle Radio’s finance director and led a group to buy the stations.

Mr Lovell said: “My team and I are passionate about local commercial radio.

“We truly believe in the strength of these stations and in the staff who work at them. We are very excited at the opportunities ahead and look forward to seeing the stations reach their full potentials.”

Mr Lovell said no jobs would be affected and the stations would retain their current names.

Sir Ray Tindle, owner of Tindle Radio, said: “I wish the management team every success with their venture.

“I consider this transaction the most likely way to secure the long term future of the five East Anglian radio stations.”

The Tindle Radio Group will continue with radio stations in Jersey, Guernsey and Ireland.

Mr Lovell is a qualified accountant and has more than 20 yearss experience in running the financial side of radio stations.

He was appointed financial director of Tindle Radio in August 2001.

Search hundreds of local jobs at Jobs24

0 comments

BT is locked in a battle with regulator Ofcom over the status of its network arm Openreach.
Photo: BT

Telecoms giant BT will report on third-quarter trading this week as it battles with communications regulator Ofcom over plans to force it to legally separate its Openreach network arm.

Secretary general of IMO Kitack Lim (left) with Clemence Cheng, Chief executive officer HPUK and Managing Director of Europe Division, during a visit to the Port of Felixstowe, Suffolk, United Kingdom on 17-January-2017. PHOTO: Stephen Waller

Bosses at Britain’s busiest container terminal have given their backing to a new campaign to raise global standards for the safety, security and efficiency of ports.

Urban Vintage, Queen Street, Ipswich
James Cole, Dan Le Sauvage and Steven Clements

Dan is a dedicated follower of fashion, at Urban Vintage.

The presentation of last years award. From left, Jolyon Berry of Birketts, Phillip Prior and Harriet Prior of winner Adcock Refrigeration and Air Conditioning and Paul Andrews of Family Business United. 
Photo: Contributed

Fourteen firms from across four counties are in contention for the 2017 East and East Anglia Family Business of the Year Award.

Food inspectors (stock image).  Picture by Simon Finlay

Urgent improvements have been demanded of three food businesses in east Suffolk, according to hygiene inspection reports.

Management Jobs

Show Job Lists

Most read

Most commented

Topic pages

Streetlife

Newsletter Sign Up

Sign up to the following newsletters:

MyDate24 MyPhotos24