4 March 2008 - 2:32pm| by | 0 comments

Beattie and Quinn bid to avert Xfm license return

Gordon Beattie, founder of Beattie Communications is set to launch a bid to buy the licenses currently held by Xfm in Glasgow, Manchester and Cardiff.

Beattie, alongside John Quinn who already owns a 15 percent share of Central FM, will prepare a bid for the stations before GCap hand the licenses back to Ofcom by its deadline of 28 March.
Beattie told The Drum: “We will be bidding for all three stations and will submit a bid on Wednesday.“
“The big attraction for us is the Manchester station with a potential audience of five million and the Scottish station which extends right across the central belt.”
A spokesperson for GCap admitted that there had been interest in the stations but would not comment further.

Write Your Comment

New to The Drum

You will be sent a verification email. Click on the link in the email to post your comment.

Tick to receive daily newsletter full of the latest news in creative marketing and media.
By checking this box you are agreeing to The Drum's website terms and conditions.

Don't miss out... Get your Media news by email

Directory Latest