Partly Cloudy

Partly Cloudy

max temp: 10°C

min temp: 3°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.

shares

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.

shares

0 comments

Mark Bee and his deputy Lisa Chambers at Endeavour House in Ipswich after they saw off last year's challenge to their leadership.

Suffolk County Council leader Mark Bee is to step down after four years in the role.

Suffolk has an ageing population - but can we cope?

Dramatic increases in the average age of people in Suffolk have been highlighted in a report which reveals that in some areas nearly one in 10 are expected to be aged 85 or over in the next two decades.

Damage to overhead wires between Diss and Stowmarket - photo courtesy of Greater Anglia

Rail users face an afternoon and evening of severe delays on routes between Norwich and London, after high winds caused damage to overhead power lines between Stowmarket and Diss.

A large tree has smashed into electricity cables after heavy winds in Great Barton.

Strong winds early today have brought down trees and power lines around the county, causing disruption for morning travellers.

Disused frontage at Severalls Hospital.

Trespassers on a derelict hospital site have been warned they will be prosecuted.

Ipswich Crown Court

An Ipswich woman accused of throwing a plate at her brother’s head during a violent row on their mother’s birthday has been cleared of assault by a jury.

Abbey Gardens - are you proud of Suffolk's green spaces?

Welcome to Suffolk Says – your opportunity to give your views on a range of important issues in our county.

Fears over future of probation service in Suffolk and elsewhere in East Anglia

Criminals jailed for up to a year could be supervised over the phone and use kiosks to report to the probation service electronically once they are released back in the community.

Gorseland Primary School, Ipswich.

Parents are “delighted” after they were told eight support centres for children with additional needs were granted a stay of execution.

Shining Lights awards at West Suffolk Hospital, Bury St Edmunds. Left to right, Becki Nunn, Amber Rout, Kelly Bugg.

Healthcare staff who have helped to make a real difference to patients and their families over the last 12 months have been celebrated at the annual Shining Lights awards.

Most read

Most commented

Topic pages