Is Juice FM being sold to Capital?
Juice FM Liverpool may be on the cusp of being sold to Capital owned Global Radio, it has been suggested.
The Media Guardian has reported that TalkSport parent UTV Media is understood to be in the final stages of a deal, neither UTV or Global had any comment.
The report says ‘sources suggested the sale of the Juice station could net UTV up to £10m’.
It adds:
“UTV confirmed in January it was exploring a possible sale of its local stations following the New Year’s Day launch of UTV Ireland, the TV channel expected to make losses of £6m this year.”
Capital, headed by Ashley Tabor, has been growing its Capital network across the country, but does not yet have one in Liverpool.
The Capital network has more than 7 million listeners around the UK, sitting alongside Global’s Heart network with a total of just over 9 million.
Juice FM had 234,000 listeners in the final three months of last year, a 9.3% share of the local market.