GMG sells off radio business
26th June 2012
GUARDIAN Media Group has sold off its radio business - including the Real Radio and Smooth brands - to Global Radio.
The sale, for an undisclosed sum, has led to the immediate departure of GMG Radio's former chief executive, Stuart Taylor.
Although Global said the business will continue to be run separately from its core business while a regulatory review takes place, Global will continue to run its national sales network (which it has done since 2006). Global's regional MD, Mark Lee, has also been seconded from Glob......for the full story register now for free or login below...
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