Radio landscape changes

The landscape of the UK industry, just changed.

GCap Media, owners of a whole bunch of the UK's commercial radio stations has just been acquired by Global Radio for £375 million.

GCap owned a number of big-name stations including Classic FM, Capital Radio and Xfm. GCap was in the news in February for its decision to shut a number of national DAB radio stations, as we reported in show 24 of our podcast. Global owns stations including London's Heart and LBC, as well as Galaxy. The new group of stations will now dominate over 40% of the UK's commercial radio listening