Three local radio stations in Norfolk and Suffolk have changed hands in a management buy-out.

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Norwich 99.9, North Norfolk Radio and The Beach have been acquired by Media Aspect Local from Tindle Radio.

The chief executive officer of Media Aspect Local is David Lovell who was Tindle Radio’s finance director and led a group to buy the stations.

Mr Lovell said, “My team and I are passionate about local commercial radio.

“We truly believe in the strength of these stations and in the staff who work at them. We are very excited at the opportunities ahead and look forward to seeing the stations reach their full potentials”.

Mr Lovell said no jobs would be affected and the stations would keep their names.

The buy out also saw the new company acquire Town 102 in Ipswich and Colchester’s Dream 100.

Sir Ray Tindle, owner of Tindle Radio, said, “I wish the management team every success with their venture.

“I consider this transaction the most likely way to secure the long term future of the five East Anglian radio stations”.

The Tindle Radio Group will continue with radio stations in Jersey, Guernsey and Southern Ireland.

Mr Lovell is a qualified accountant and has over twenty years experience in running the financial side of radio stations.

He was appointed Financial Director of Tindle Radio in August 2001,

8 comments

  • Just the usual robot stations with a 300 record playlist and 'presenters' who make bland links every so often. Community radio offers far better local programming.

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    Father Brian

    Monday, February 4, 2013

  • Both Norwich and the beach play the same songs as one another but with about a 20-30 second time delay between each station. Hope they invest in some different songs as they are better than a clock to set your watch to each day . INVEST YOUR MONEY AND DOUBLE YOUR RECORD LIBRARY ABOUT £100 WOULD DO THE JOB L.O.L.

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    yarco

    Monday, February 4, 2013

  • How soon before they all become one! At the end of the day if he can save some money by joining up the stations at some time during the day he will do just that. Seen it all before haven`t we.

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    BG

    Monday, February 4, 2013

  • good.maybe they might diversify their playlists a little.

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    timmy_two_sheds

    Monday, February 4, 2013

  • Just hope its not another,oh yes we won't change anything,only to find they gradually creep in the changes and its no longer an individual station.

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    Nanny Digby

    Monday, February 4, 2013

  • The trouble is the more radio stations there are the thinner the listening public...per station ... ..... That said I wish them all the luck going...

    Report this comment

    Lionel

    Tuesday, February 5, 2013

  • Might get some better programmes on the Beach and Norwich instead of the rubbish that is on now.

    Report this comment

    "V"

    Monday, February 4, 2013

  • good luck to them.

    Report this comment

    calmudownboy

    Monday, February 4, 2013

The views expressed in the above comments do not necessarily reflect the views of this site

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