REGULATORY · COMPETITIVE · UK
Zac Goldsmith launches sports radio station
Change
The Track Radio Corporation has received an Ofcom licence to launch trkradio, a sports radio station backed by Zac Goldsmith.
Why it matters
The Track Radio Corporation was granted a licence by Ofcom last week. Major investors in trkradio include Zac Goldsmith and his brother Ben Goldsmith. Trkradio is due to go on air next month, timed ahead of this summer's men's football World Cup. Day-to-day operations will be led by Iain Macintosh and Jonathan Arendt. Presenters and additional financial backers are to be confirmed over the next few weeks.
Implications
- • Broadcast planning and technical deployment are constrained by the scheduled on-air launch next month.
- • Contracts for presenters and additional financial backers are constrained to completion within the coming weeks.
- • Operational activity must comply with obligations under UK broadcasting regulations as set by Ofcom.
Who is affected
- • Radio station management and programming teams
- • On-air presenters and talent agents
- • Advertisers and commercial sales teams
- • Investors and financial backers
What to watch
- • On-air launch scheduled for next month
- • Confirmation of presenters and additional financial backers over the next few weeks
Source
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