GCap Won't Sell Xfm Scotland, Manchester Stations After All
April 11, 2008 at 5:13 AM (PT)
GCAP MEDIA will not be selling or folding its Alternative XFM stations in SCOTLAND and MANCHESTER after all. The reversal of previous plans to spin off or shut down the stations for cost-cutting purposes comes in the wake of GLOBAL RADIO's 375 million purchase of GCAP.
The company will, however, continue to seek a buyer for XFM/SOUTH WALES, which launched NOVEMBER 29th.