GMG snaps up two brands from GCap for 60m

Guardian Media Group Radio has bought the two Century FM stations from GCap Media for 60m….

John%20Myers

The national and regional sales for the two stations, which are based in Manchester and Newcastle, will continue to be handled by GCap.

The acquisition makes GMG the fourth-largest radio group and brings its portfolio of regional stations to seven. The group also owns the Smooth FM stations, formerly known a Jazz FM, and the Real Radio brand.

It is unclear whether GMG plans to rebrand Century as Real Radio – a GMG spokeswoman says the stations will be reviewed after they have been integrated into the group.

John Myers, chief executive of GMG Radio, says: "There are two very good stations, with great people and in areas of the UK we know well. It gives us increased scale and consolidates our determination to be a major force in radio."

Myers is a former managing director of the Century Radio.

Comments

    Leave a comment

    Close

    Discover even more as a subscriber

    This article is available for subscribers only.

    Sign up now for your access-all-areas pass.

    If you're an existing paid print subscriber find out how to get access here.

    Subscribers enjoy unlimited access to unrivalled coverage of the biggest issues in marketing, alongside practical advice from the digital experts at Econsultancy.

    With a subscription to Marketing Week Premium you will get full access to:

    > World-renowned columnists

    > Analysis & case studies

    > Exclusive leading-edge insight

    > Carefully curated reports & briefings from Econsultancy

    > Plus, much more including a £300 discount for the Festival of Marketing

    Subscribe now

    Got a question?

    Contact us on +44 (0)20 7292 3703 or email customerservices@marketingweek.com

    If you are looking for our Jobs site, please click here

    Subscribers enjoy unlimited access to unrivalled coverage of the biggest issues in marketing, alongside practical advice from the digital experts at Econsultancy.

    With a subscription to Marketing Week Premium you will get full access to:

    > World-renowned columnists

    > Analysis & case studies

    > Exclusive leading-edge insight

    > Carefully curated reports & briefings from Econsultancy

    > Plus, much more including a £300 discount for the Festival of Marketing

    Subscribe now