Capital Radio and GWR merge to lead market
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CAPITAL Radio and GWR Group have agreed the terms of an all-share merger to create the UKâs leading commercial radio group. The companies announced today that Capital shareholders will own 52 per cent of
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Whether federal regulators allow Sirius and XM to merge rests on how they view the radio marketplace: Does combining the nation's only two satellite radio companies create a monopoly, or does the growing presence of music on cellphones, computers, and iPods amount to competition?
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Capital Radio and GWR Group are in talks about an all-share merger in which no premium would be paid. &quot;These discussions are ongoing and may or may not lead to a transaction,&quot; the radio broadcasters said in a statement on Sunday.
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Goldman Sachs' private equity arm GS.N   and Chicago-based private equity firm GTCR submitted separate   bids for BMG Music Publishing, people familiar with the sale   said on Monday.
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By NO BYLINE  GUARDIAN Media Group Radio has bought Saga Radio, the broadcasting arm of the magazine and leisure company aimed at the over-50s. Saga operates three services in the UK - in Glasgow, the East Midlands and the West Midlands.
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CINCINNATI, Sept. 5  /PRNewswire-FirstCall/ -- Harris Corporation's  Broadcast Communications Division today announced that Radio One, the nation's seventh-largest radio broadcasting company, has exclusively purchased Harris transmitters for its third round of HD Radio(TM) conversions.
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Braver, a Newton financial services company, recently merged with the Concord accounting firm of Nelson, Adam &amp; Dickson.
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The urge to merge within both the  recording and satellite radio industries this week reflects how  tough it is to compete profitably within the evolving digital  media market.
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GCap turns down an approach from its rival Global Radio over a possible takeover.
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The auction giant said it would begin selling radio airtime to advertisers, expanding into a business that Google entered last year.
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Cable mogul John Malone moved to consolidate his holdings on Tuesday, announcing that Liberty Media International agreed to buy the rest of cable provider UnitedGlobalCom Inc. for about &#36;3.5 billion.
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The proposed merger of GWR and Capital comes at a pivotal point for the radio industry as the digital revolution gathers pace. Broadcasters have frequently stated how
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Capital Radio and GWR Group have agreed to merge in a deal that will create the dominant company in the UK radio sector. Capital Radio CEO David Mansfield and GWR executive chairman Ralph Bernard will stay in their respective roles in the merged company.
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By BRIAN BEACOM Showbiz Writer  RADIO stations in Glasgow are celebrating a massive surge in audience numbers.  Industry figures show Radio Clyde has added 20,000 listeners, taking its weekly figure to 705,000.
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The two main U.S. satellite radio  providers, Sirius Satellite Radio and XM Satellite Radio on  Monday said they would merge in a stock-for-stock deal, a move  that has been long expected in the young industry.
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- Citadel Broadcasting Corp.  and Walt Disney Co.  modified the terms of the merger between Citadel and ABC Radio, reducing the amount of cash to be retained by Disney by $300 million.
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Business & money: Guardian owner GMG and Apax seal deal with raised offer of media empire