Wednesday, 4 July 2007

Global Dominance?

Richard Parks' appointment as Executive Director of the new Global Radio consortium is an interesting development for a number of reasons.

From a programming perspective, How will Magic 105.4 fare without him? How much of it's success was derived from the magic-dust that he sprinkled on the output... and how much was derived from the focused, dedicated and hard working team at Mappin House. (Let's remember that Graham Dene is moving over to Smooth Radio shortly too, so it may be hard for them to keep the momentum up losing a couple of key staff... despite being Number 1 in London!!).

Parky going over to the company that owns Heart, one of Magic's main competitors, will no doubt benefit Heart a great deal, with all the knowledge that Richard will bring with him!

As Global Radio sets out its stall, the reports of a deal to be done with Richard Branson to buy Virgin Radio back are also circulating.

Suddenly Global Radio has a potential group made up of the Heart, Galaxy and LBC branded stations, plus Virgin Radio too! And it's obviously very serious about it's ambition when it recruits someone whom many people see as the "Uber-Daddy" of Commercial Radio for a place on its board.

(By the way... Will the new Exective Director of Global Radio discuss the potential aquisition of Virgin Radio with the Virgin Radio Chief Executive? "Hello son.... Hello Dad!".)

The commercial radio consolidation game is still in full swing, and I predict there's a lot more to come too!

No comments: