NEW ZEALAND’S RADIOWORKS ACQUIRES RADIO STATIONS FROM MARLBOROUGH MEDIA
December 28th 2007 03:08
New Zealand’s RadioWorks, a MediaWorks Company, will acquire the Blenheim-based Marlborough Media radio business which owns Sounds FM in Blenheim, Picton and Kaikoura, as well as Easy FM in Blenheim and Picton.
No disclosure of consideration has been made public at this stage.
Scoop NZ said the owners of Marlborough Media say they are pleased
to be handing the stations to a company committed to producing
live and local radio.
Dr Lynda Scott-Kelly, Marlborough media director told Scoop, "We have been involved with Sounds FM for 17 years. It was the
first FM station in Marlborough so we have somewhat mixed emotions,
but are delighted the stations are going to operators who are
passionate about local radio.
"There have been many highlights over the years, including the
New Zealand Radio Awards for Provincial Station of the Year at
the at the turn of the millennium and Outstanding Community Contribution
along with numerous announcing and programming awards. We have
great staff who form a dedicated team with a proud history."
The change in ownership is effective on Monday, December 31, 2007.
MediaWorks NZ Ltd is a subsidiary of HT Media Holdings Ltd, and is New Zealand's leading private sector broadcast and online media company. Through its
wholly owned subsidiaries and divisions – TVWorks Ltd, RadioWorks
Ltd and NetWorks – , it owns and operates the TV3 and C4 television
networks, national radio brands The Edge, The Rock, More FM,
Kiwi FM, RadioLIVE, BSport, Solid Gold and The Breeze, plus several
local radio stations.
- From MediaBlab
No disclosure of consideration has been made public at this stage.
Scoop NZ said the owners of Marlborough Media say they are pleased
to be handing the stations to a company committed to producing
live and local radio.
Dr Lynda Scott-Kelly, Marlborough media director told Scoop, "We have been involved with Sounds FM for 17 years. It was the
but are delighted the stations are going to operators who are
passionate about local radio.
"There have been many highlights over the years, including the
New Zealand Radio Awards for Provincial Station of the Year at
the at the turn of the millennium and Outstanding Community Contribution
along with numerous announcing and programming awards. We have
great staff who form a dedicated team with a proud history."
The change in ownership is effective on Monday, December 31, 2007.
MediaWorks NZ Ltd is a subsidiary of HT Media Holdings Ltd, and is New Zealand's leading private sector broadcast and online media company. Through its
wholly owned subsidiaries and divisions – TVWorks Ltd, RadioWorks
Ltd and NetWorks – , it owns and operates the TV3 and C4 television
networks, national radio brands The Edge, The Rock, More FM,
Kiwi FM, RadioLIVE, BSport, Solid Gold and The Breeze, plus several
local radio stations.
- From MediaBlab
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