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UBC Media Group PLC
11 January 2008
UBC Media Group plc
11 January 2008
Closure of Oneword Radio
Further to its announcement in November 2007 UBC Media Group plc ("UBC")
confirms that it will today close the loss making digital radio station, Oneword
Radio. UBC took control of Oneword Radio from Channel 4 Television in December
2007 in order to effect an orderly closure.
Commenting on the closure, Simon Cole, CEO of UBC said:
"With the sale in June 2007 of Classic Gold for £3.95 million and the closure of
Oneword Radio, UBC has now completed the implementation of a strategy that sees
us 100% focussed as a radio services company".
ENDS
Enquiries
Simon Cole, CEO, UBC Media Group plc Tel: 020 7453 1600
Verity Williams or Diane Barnes, Portland for UBC Tel: 020 7404 5344
Mark Percy or Sarah Jacobs, Seymour Pierce Tel: 020 7107 8008
This information is provided by RNS
The company news service from the London Stock Exchange