Bauer Media buys Planet Rock
February 6, 2013
Kiss and Magic owner Bauer Media has bought digital radio station Planet Rock in a deal worth over £1 million (€1.23m).
The loss-making digital radio station was put up for sale by its owner, millionaire entrepreneur Malcolm Bluemel, last year.
Bauer, which has also held talks to buy another loss-making national music station, Absolute Radio, is expected to rebrand some of its existing stations using the Planet Rock brand. It already has two rock brands, Kerrang and music magazine spin-off Q.
Other posts by :
- SpaceX fearful of AST SpaceMobile’s potential?
- Equatys wants 2,800 new satellites
- FCC eyes freeing up Weird Space Stuff spectrum
- SES happy with releasing 160MHz of spectrum for 5G
- Inmarsat “likely to win appeal” over Ligado/AST action
- FCC seeks fair play over foreign satellite access
- Bank raises RocketLab target price
- Ukraine wants its own LEO system