Credit crunch hits commercial radio Commercial Radio revenue dropped by over 10% between April and June, compared to last year.However, figures released by the RAB this week for Quarter 2 2008 show sponsorship and promotions increased 7.3% year on year to over £25 million.
Sign of The Times at LBC 97.3 The Times newspaper has signed a six month breakfast sponsorship deal with LBC 97.3, centered around Nick Ferrari’s Breakfast show.
Merseyside's KCR sold.. again In our third station sale exclusive this week, Radio Today reveals details of KCR 106.7 being sold for the 4th time in as many years.
Steve Penk buys The Revolution After a fortnight of speculation, it has been announced that presenter Steve Penk has bought Oldham based station 96.2 The Revolution.The station flipped formats two weeks ago without explanation. The former Key 103 and Virgin Radio presenter said: "I have big plans for this station."
BBC launches Radio POP Imagine being presented with a graph containing exact audience figures for every listener every day - along with a tick next to the features your listeners enjoyed. That's the idea behind Radio POP.
Podcast company Wippit closes Wippit Media, the music and podcast company that brought us Danny Baker's All Day Breakfast Show has ceased trading after eight years in business.