Home Page About Us News Consultancy Articles Clients Associates Contacts
News Photo
 

 

 

 

 


 

 

News Header

Absolute Radio acquire Passion 1079

07.06.2006

Absolute Radio International Ltd acquires

Passion 107.9 FM in Oxford

Absolute Radio International (ARI) today announces the acquisition of

Passion Radio (Oxford) Limited which trades as Passion 107.9 FM in Oxford.

The acquisition of Passion is a significant first point of entry for ARI into the

Oxfordshire market. The Company is also bidding for the new Oxford/South

Oxfordshire licence, currently advertised by Ofcom and which is due to be awarded

later this year. ARI also intends to be an active participant in the development of DAB

in the Oxfordshire and Northern Home Counties.

ARI was attracted to Oxford because of its strong economic fundamentals, its ABC1

dominated population and the growth prospects for commercial radio in the market.

Apart from the heritage station, Fox FM, which targets a 15-34 audience, the only

other local commercial station in the city is Passion 107.9 FM. The advent of a new

service later this year will give a further boost to commercial radio as it tackles BBC

Radio’s significant presence in the market.

ARI has developed a range of initiatives which it will quickly implement at the station.

It looks forward to presenting these and discussing them with advertisers as it works

with clients in addressing their ongoing youth marketing needs.

Passion 107.9 FM will receive significant and much needed investment under ARI’s

ownership. Ian Walker, an award winning and highly experienced programmer having

worked for both GWR (now GCap Media) and UTV will become the General Manager &

Programme Director.

ARI is building its presence in UK radio through both acquisitions and applications. It

is evaluating further acquisition opportunities and is currently involved in applications

for new FM services in Bristol and Liverpool, in addition to Oxford.

ARI most recently spent two highly successful years running 107.6 Juice FM in

Liverpool where it dramatically increased that station’s audience share from 4.4% to

8.4% in just 2 years.

Clive Dickens – Operations & Programming Director of ARI says;

"We are very excited about working in the Oxford market. It is a market I know well

from my days at Capital Radio and my involvement with Fox FM. There is a huge

amount of potential in Passion and together with our team, led by Ian, we are looking

forward to delivering quality radio to both listeners and advertisers and giving the

BBC a run for its money."

Ends

Contacts Clive Dickens 0207 978 6529

Notes to Editors

Absolute Radio International is a privately held company that explores ownership, investment and

radio management opportunities in Global Radio. ARI brings its unique mix of skills to dozens of radio

stations world wide including stations in the UK, US, Hungary, Ireland, Czech Republic.

(www.absoluteradio.co.uk)

 

Back to Story List


Login