Two South London Stations Go Dark
April 7, 2009 at 5:25 AM (PT)
Two SOUTH LONDON stations have shut down after a new owner allegedly decided that continued operation would not be financially viable.
SOUTH LONDON RADIO 107.3/LEWISHAM and TIME 106.8/GREENWICH were taken dark this weekend, and a message on the stations' websites from owner SUNRISE RADIO GROUP said, "Both stations were sold on the 22nd FEBRUARY to an individual who after seven days of ownership informed staff that he could not afford to fund the stations and would need to sell one station to fund the other. At this point staff had already not been paid for the month of FEBRUARY. Since the announcement staff have been working at the station free of charge in the hopes a new buyer would be found. After allot (sic) of work a potential buyer was found who was very keen to acquire the stations and take them forward. Several obstacles were put into their way which saw the sale of both stations put on hold."