Scottish Radio Holdings
 | This article needs additional citations for verification. (December 2014) |
Scottish Radio Holdings (SRH) was a Scottish media company which owned 22 radio stations, and around 30 local newspapers in the United Kingdom and the Republic of Ireland.
History
[edit]SRH had its origins in the 1970s when Glasgow was awarded the third licence for a commercial station in the UK. As a result, in 1973 Radio Clyde began broadcasting. Unlike the two existing commercial stations (both in London), Radio Clyde was an immediate success. This was helped in part by strong financial backers that included Sean Connery and Jackie Stewart.
In 1991 laws controlling the ownership of commercial stations were relaxed. Clyde merged with Radio Forth to form SRH and immediately floated on the London Stock Exchange.
In 1995 it acquired Morton Newspapers which owned around 20 newspapers in Northern Ireland. Since then SRH expanded operations by acquiring further publications in Scotland and the Republic of Ireland.[1]
SRH had a network of 22 stations when it was acquired by rival media group Emap on 21 June 2005.[2] The newspaper titles published by SRH, collectively known as Score Press, was sold to Johnston Press for £155 million.[3] The group's newspaper interests were sold off as were the firm's radio operations in the Republic of Ireland. SRH's UK radio operations were integrated into those of Emap with the two SRH-owned Vibe FM stations becoming Kiss 101 and Kiss 105-108. The group's FM stations in Scotland formed a local version of the Big City Network which Emap were already operating in England. Emap also took on SRH's AM stations in Scotland, Wave 105 on England's south coast, and two stations in Northern Ireland from SRH.
In December 2007, Emap announced that their consumer media interests including radio stations would be sold to Hamburg based Bauer Media Group.[4]
References
[edit]- ^ "Radio group in takeover talks". BBC News. 20 December 2000.
- ^ Laing, Allan; Archer, Helen; West, Karl (22 June 2005). "Will Clyde flow on after takeover? Concern over future of city station after pounds-391m buyout". The Herald. Glasgow. Retrieved 4 July 2016.
- ^ Brook, Stephen (21 June 2005). "Emap snaps up Scottish Radio Holdings". The Guardian. Retrieved 28 December 2014.
- ^ Farey-Jones, Daniel (7 December 2007). "Emap sells magazines and radio divisions to Bauer for £1.14bn". Campaign. Retrieved 4 July 2016.