C4 backing down on radio
October 2, 2008
Channel 4 is scaling back its digital radio plans, with only one of three of its originally planned stations, E4 Radio, now confirmed for launch. Channel 4 conceded that it is scaling back its investment in radio "in line with its proposal to reduce its cost base by £100m (E126m) in the next two years". A spokesman said it is focusing digital radio investment on E4 Radio, "which we believe represents the quickest prospect of a commercial return from radio".
Other posts by :
- EchoStar booms on SpaceX holding
- Norway wants a satellite constellation
- Crossroads backs AST SpaceMobile
- FCC examines SpaceX’s 15,000 sat-constellation plan
- EchoStar: “Severe uncertainty” led to spectrum sales
- Netflix gets downgrade on Warner Bros move
- UK trims Orbex investment
- Euro-bank sets up €500m space fund
- Revenue jump forecast for Eutelsat
