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Mon 11 Feb 2008
Xfm to shut in March
Media / Scotland
Xfm Scotland is set to close following a review of the business by parent group GCap.
Following the review, GCap has decided to focus on the brands that it believes to "offer the greatest growth potential" and to dispose of or close those that do not.
Under the plans GCap will close theJazz and Planet Rock and dispose of, or if necessary, hand back to Ofcom the Xfm licences in Scotland, Manchester and South Wales, all as soon as 28 March 2008.
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