Now the questions will begin…
- What does this mean for DAB in the UK?
- Will Global reverse the decision to close stations like The Jazz and Planet Rock?
- What about the sale of the Xfm’s outside London?
- Will the new enlarged Global have to sell some stations to keep the regulators less worried about lack of competition in some markets?
- How will Heart and Capital approach targeting the London market so they don’t cannibalise each other too much and maximise share?
- Will all the stations be housed in one big super sized broadcast centre in Leicester Square… which isn’t really brimming with room as it is!
- What implications will this have on staff and how many potential job losses will there be? (We can expect a radical restructure… in order to realise all those much talked about synergies!)
- And the most important question of all… How will Fru Hazlitt be spending her reported £1 Million settlement for her several months work.
You’ve got to hand it to her. “Here’s my vision” she says. “Er…. No thanks” say the board. “That’ll be £1 Million quid then please” says Fru! Nice work if you can get it!!
No doubt there will be many column inches devoted to this during the next few weeks and months. As the stories come and go, I’ll try and pick out some of the more interesting programming implications of this commercial radio mega-deal and what the shape of things to come may look like.
Whilst Charles Allen may have a halo around him tonight and be heralded as the ‘saviour of UK commercial radio’ by putting its biggest group into private hands, let’s not forget this is the man who took ITV to one of it’s 'all time low' periods in terms of ratings, revenue and creativity. So, whilst Global is tonight living up to it’s bullish name… let’s see what things look like in 3, 6 and 12 months time.
But good luck Charles! We’re counting on you!