Thread View: uk.tech.broadcast
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Started by "David"
Thu, 16 Apr 2009 22:04
Pennine Radio gone bust?
Author: "David"
Date: Thu, 16 Apr 2009 22:04
Date: Thu, 16 Apr 2009 22:04
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My wife said it was on TV news Pennine Radio gone bust, does this effect The Pulse in West Yorkshire? -- Regards, David FREESAT HD as it is now it is a joke.
Re: Pennine Radio gone bust?
Author: tony sayer
Date: Thu, 16 Apr 2009 23:24
Date: Thu, 16 Apr 2009 23:24
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In article <gs86is$s6$1@news.motzarella.org>, David <david.park@tesco.net> scribeth thus >My wife said it was on TV news Pennine Radio gone bust, does this effect The >Pulse in West Yorkshire? > Http://radiotoday.co.uk/news.php?extend.4631 Looks like it. It won't be the last this year. Some of the smaller stations have their hands tied behind their backs with very low transmitter powers and can't get the coverage they need to be viable. -- Tony Sayer
Re: Pennine Radio gone bust?
Author: "Dave Plowman (N
Date: Thu, 16 Apr 2009 23:38
Date: Thu, 16 Apr 2009 23:38
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In article <KVahrVD1A75JFwmm@bancom.co.uk>, tony sayer <tony@bancom.co.uk> wrote: > Some of the smaller > stations have their hands tied behind their backs with very low > transmitter powers and can't get the coverage they need to be viable. If neighbouring stations both up their power to reach a larger audience, they'll then be competing for the same audience where this overlaps? -- *Why do overlook and oversee mean opposite things? Dave Plowman dave@davenoise.co.uk London SW To e-mail, change noise into sound.
Re: Pennine Radio gone bust?
Author: "Bill Wright"
Date: Fri, 17 Apr 2009 04:02
Date: Fri, 17 Apr 2009 04:02
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"David" <david.park@tesco.net> wrote in message news:gs86is$s6$1@news.motzarella.org... > My wife said it was on TV news Pennine Radio gone bust, does this effect > The Pulse in West Yorkshire? Dunno. Better check. http://www.womensheart.org/content/Stroke/pulse_check.asp Bill
Re: Pennine Radio gone bust?
Author: "South Downs"
Date: Fri, 17 Apr 2009 05:19
Date: Fri, 17 Apr 2009 05:19
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Jerry wrote: > > They might.. But its surprising that there are parts of the UK where > > commercial radio coverage is non existent or very poor. > > > > For instance we can drive from Cambridge to London and just South of the > > Cambs border to around just north of Harlow the scan on the radio in the > > Volvo will only stop on BBC nationals!.. > > Some would suggest that would be a definite bonus point in any Estate > Agents adverts, "This property lies within a ILR free zone"! If the output of these stations is anything to go by, I doubt anybody is listening in the areas were they can receive ILR. Also suggests Tony's car radio is either deaf or his aerial is rubbish.
Re: Pennine Radio gone bust?
Author: "South Downs"
Date: Fri, 17 Apr 2009 05:21
Date: Fri, 17 Apr 2009 05:21
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tony sayer wrote: > > > My wife said it was on TV news Pennine Radio gone bust, does this effect The > > > Pulse in West Yorkshire? > > > > I remember Centre Radio in Leicester going bust (late 70s?), have > > there been others go bust between these 2? > > Very few compared to what's being going on recently. > > Still you need the official "receiver" to hear bankrupt radio stations ;).. > > Course they might just be going "bust" with the present company to get rid of > any debt and if Ofcom play ball and let them take the licence to a new debt > free firm and ruin it carefully .. they might "just" stay going .. I think five stations have gone bust since the start of 2009.
Re: Pennine Radio gone bust?
Author: "South Downs"
Date: Fri, 17 Apr 2009 05:34
Date: Fri, 17 Apr 2009 05:34
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David wrote: > > For instance we can drive from Cambridge to London and just South of the > > Cambs border to around just north of Harlow the scan on the radio in the > > Volvo will only stop on BBC nationals!.. > > -- > > I have the impression the IR stations are not connected to each other on the RDS system. > They only have RDS to switch within their area if they have more than one frequency, > but not set to transfer to other IR when you drive across country. One of the original intentions of RDS was for ILR to be connected in such a way that a driver could continue to listen to a ILR station while on the move and gain the latest traffic information. It never happened due to demise of the IBA were each ILR station became independent and gained full control over the running of there own equipment.
Re: Pennine Radio gone bust?
Author: Mark Carver
Date: Fri, 17 Apr 2009 07:21
Date: Fri, 17 Apr 2009 07:21
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David wrote: > My wife said it was on TV news Pennine Radio gone bust, does this effect > The Pulse in West Yorkshire? No. Pennine Radio's name was adopted by the Huddersfield ILR station originally called Home FM. Nothing to do with the original Bradford station from the 1970s, that is now called The Pulse. -- Mark Please replace invalid and invalid with gmx and net to reply. www.paras.org.uk
Re: Pennine Radio gone bust?
Author: no-reply-john@nt
Date: Fri, 17 Apr 2009 07:34
Date: Fri, 17 Apr 2009 07:34
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On Apr 17, 2:39 pm, "Bill Wright" <insertmybusinessn...@f2s.com> wrote: > "tony sayer" <t...@bancom.co.uk> wrote in message > > news:s7wIArDQpF6JFw5o@bancom.co.uk... > > > In article <15udnYKEQphaynXUnZ2dnUVZ8mydn...@bt.com>, South Downs > > <?@?.?> scribeth thus > >>Also suggests Tony's car radio is either deaf or his aerial is rubbish. > > > Volvo fitted unit .. seems fine otherwise, not the best aerial agreed > > but certainly no worse than those on most cars.. > > Our Volvo's radio won't tune these low class stations either. You need a > Ford Focus or something to hear them. > > Bill Don't you have a 'DX' button these days, to scan with a lower signal threshold level? J
Re: Pennine Radio gone bust?
Author: CD
Date: Fri, 17 Apr 2009 09:38
Date: Fri, 17 Apr 2009 09:38
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On Thu, 16 Apr 2009 22:04:17 +0100, "David" <david.park@tesco.net> wrote: >My wife said it was on TV news Pennine Radio gone bust, does this effect The >Pulse in West Yorkshire? I remember Centre Radio in Leicester going bust (late 70s?), have there been others go bust between these 2?
Re: Pennine Radio gone bust?
Author: tony sayer
Date: Fri, 17 Apr 2009 09:39
Date: Fri, 17 Apr 2009 09:39
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In article <504d1b75b3dave@davenoise.co.uk>, Dave Plowman (News) <dave@davenoise.co.uk> scribeth thus >In article <KVahrVD1A75JFwmm@bancom.co.uk>, > tony sayer <tony@bancom.co.uk> wrote: >> Some of the smaller >> stations have their hands tied behind their backs with very low >> transmitter powers and can't get the coverage they need to be viable. > >If neighbouring stations both up their power to reach a larger audience, >they'll then be competing for the same audience where this overlaps? > They might.. But its surprising that there are parts of the UK where commercial radio coverage is non existent or very poor. For instance we can drive from Cambridge to London and just South of the Cambs border to around just north of Harlow the scan on the radio in the Volvo will only stop on BBC nationals!.. -- Tony Sayer
Re: Pennine Radio gone bust?
Author: tony sayer
Date: Fri, 17 Apr 2009 10:27
Date: Fri, 17 Apr 2009 10:27
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In article <ntfgu4ti4qm6kpjmdoa22l8r6hk5jl77vi@4ax.com>, CD <no@way.ok> scribeth thus >On Thu, 16 Apr 2009 22:04:17 +0100, "David" <david.park@tesco.net> >wrote: > >>My wife said it was on TV news Pennine Radio gone bust, does this effect The >>Pulse in West Yorkshire? > >I remember Centre Radio in Leicester going bust (late 70s?), have >there been others go bust between these 2? Very few compared to what's being going on recently. Still you need the official "receiver" to hear bankrupt radio stations ;).. Course they might just be going "bust" with the present company to get rid of any debt and if Ofcom play ball and let them take the licence to a new debt free firm and ruin it carefully .. they might "just" stay going .. -- Tony Sayer
Re: Pennine Radio gone bust?
Author: Jerry
Date: Fri, 17 Apr 2009 10:28
Date: Fri, 17 Apr 2009 10:28
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tony sayer wrote: <snip> > > They might.. But its surprising that there are parts of the UK where > commercial radio coverage is non existent or very poor. > > For instance we can drive from Cambridge to London and just South of the > Cambs border to around just north of Harlow the scan on the radio in the > Volvo will only stop on BBC nationals!.. Some would suggest that would be a definite bonus point in any Estate Agents adverts, "This property lies within a ILR free zone"! -- Wikipedia: the Internet equivalent of Hyde Park and 'speakers corner'... Sorry, mail to this address goes unread. Please reply via group.
Re: Pennine Radio gone bust?
Author: "David"
Date: Fri, 17 Apr 2009 11:26
Date: Fri, 17 Apr 2009 11:26
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"tony sayer" <tony@bancom.co.uk> wrote in message news:cKxUcLCXBE6JFws5@bancom.co.uk... > In article <504d1b75b3dave@davenoise.co.uk>, Dave Plowman (News) > > For instance we can drive from Cambridge to London and just South of the > Cambs border to around just north of Harlow the scan on the radio in the > Volvo will only stop on BBC nationals!.. > -- I have the impression the IR stations are not connected to each other on the RDS system. They only have RDS to switch within their area if they have more than one frequency, but not set to transfer to other IR when you drive across country. -- Regards, David FREESAT HD as it is now it is a joke.
Re: Pennine Radio gone bust?
Author: tony sayer
Date: Fri, 17 Apr 2009 11:29
Date: Fri, 17 Apr 2009 11:29
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In article <gs9i43$ob3$1@news.motzarella.org>, Jerry <mapson.scarts@btin ternet.com.INVALID> scribeth thus >tony sayer wrote: ><snip> >> >> They might.. But its surprising that there are parts of the UK where >> commercial radio coverage is non existent or very poor. >> >> For instance we can drive from Cambridge to London and just South of the >> Cambs border to around just north of Harlow the scan on the radio in the >> Volvo will only stop on BBC nationals!.. > >Some would suggest that would be a definite bonus point in any Estate >Agents adverts, "This property lies within a ILR free zone"! > Some would .. but OTOH they do have listeners so they must be doing something right .. and it does keep some people in jobs;)... -- Tony Sayer
Re: Pennine Radio gone bust?
Author: tony sayer
Date: Fri, 17 Apr 2009 11:30
Date: Fri, 17 Apr 2009 11:30
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In article <15udnYKEQphaynXUnZ2dnUVZ8mydnZ2d@bt.com>, South Downs <?@?.?> scribeth thus >Jerry wrote: > >> > They might.. But its surprising that there are parts of the UK where >> > commercial radio coverage is non existent or very poor. >> > >> > For instance we can drive from Cambridge to London and just South of the >> > Cambs border to around just north of Harlow the scan on the radio in the >> > Volvo will only stop on BBC nationals!.. >> >> Some would suggest that would be a definite bonus point in any Estate >> Agents adverts, "This property lies within a ILR free zone"! > > >If the output of these stations is anything to go by, I doubt anybody >is listening in the areas were they can receive ILR. > >Also suggests Tony's car radio is either deaf or his aerial is rubbish. Volvo fitted unit .. seems fine otherwise, not the best aerial agreed but certainly no worse than those on most cars.. -- Tony Sayer
Re: Pennine Radio gone bust?
Author: Paul Ratcliffe
Date: Fri, 17 Apr 2009 14:36
Date: Fri, 17 Apr 2009 14:36
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On Fri, 17 Apr 2009 10:27:46 +0100, tony sayer <tony@bancom.co.uk> wrote: > if Ofcom play ball and let them take the licence to a new debt > free firm and ruin it carefully .. they might "just" stay going .. Why would they want to stay going if they've just taken all that trouble to ruin something?
Re: Pennine Radio gone bust?
Author: "Bill Wright"
Date: Fri, 17 Apr 2009 14:39
Date: Fri, 17 Apr 2009 14:39
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"tony sayer" <tony@bancom.co.uk> wrote in message news:s7wIArDQpF6JFw5o@bancom.co.uk... > In article <15udnYKEQphaynXUnZ2dnUVZ8mydnZ2d@bt.com>, South Downs > <?@?.?> scribeth thus >>Also suggests Tony's car radio is either deaf or his aerial is rubbish. > > Volvo fitted unit .. seems fine otherwise, not the best aerial agreed > but certainly no worse than those on most cars.. Our Volvo's radio won't tune these low class stations either. You need a Ford Focus or something to hear them. Bill
Re: Pennine Radio gone bust?
Author: "Dave Liquorice"
Date: Fri, 17 Apr 2009 16:26
Date: Fri, 17 Apr 2009 16:26
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On Fri, 17 Apr 2009 05:19:51 -0500, South Downs wrote: >> Some would suggest that would be a definite bonus point in any Estate >> Agents adverts, "This property lies within a ILR free zone"! > > Also suggests Tony's car radio is either deaf or his aerial is rubbish. Naa, there are quite large areas with very little to no relevant ILR coverage. We can get just about get CFM but that's it and it's output is not particularly relevant. -- Cheers Dave.
Re: Pennine Radio gone bust?
Author: "Dave Liquorice"
Date: Fri, 17 Apr 2009 16:32
Date: Fri, 17 Apr 2009 16:32
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On Fri, 17 Apr 2009 05:21:32 -0500, South Downs wrote: > I think five stations have gone bust since the start of 2009. The Radio Today article previously linked said that but is that "bust" as in no longer any transmissions and the licence up for grabs. Or, has already been suggested, "bust" to free themselves of debt and start an "all new station" on the same frequency, with the same kit, staff and directors? -- Cheers Dave.
Re: Pennine Radio gone bust?
Author: Paul Martin
Date: Fri, 17 Apr 2009 17:11
Date: Fri, 17 Apr 2009 17:11
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In article <02124271-546d-49c1-a447-26762fe2f684@t11g2000vbc.googlegroups.com>, no-reply-john@ntlworld.com wrote: > On Apr 17, 2:39 pm, "Bill Wright" <insertmybusinessn...@f2s.com> > wrote: >> "tony sayer" <t...@bancom.co.uk> wrote in message >> >> news:s7wIArDQpF6JFw5o@bancom.co.uk... >> >> > In article <15udnYKEQphaynXUnZ2dnUVZ8mydn...@bt.com>, South Downs >> > <?@?.?> scribeth thus >> >>Also suggests Tony's car radio is either deaf or his aerial is rubbish. >> >> > Volvo fitted unit .. seems fine otherwise, not the best aerial agreed >> > but certainly no worse than those on most cars.. >> >> Our Volvo's radio won't tune these low class stations either. You need a >> Ford Focus or something to hear them. > Don't you have a 'DX' button these days, to scan with a lower signal > threshold level? They don't often fit that sort of button, as the Burberry pattern clashes with the rest of the trim. -- Paul Martin <pm@nowster.org.uk>
Re: Pennine Radio gone bust?
Author: "Mikeapollo"
Date: Fri, 17 Apr 2009 18:01
Date: Fri, 17 Apr 2009 18:01
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"CD" <no@way.ok> wrote in message news:ntfgu4ti4qm6kpjmdoa22l8r6hk5jl77vi@4ax.com... > On Thu, 16 Apr 2009 22:04:17 +0100, "David" <david.park@tesco.net> > wrote: > > >My wife said it was on TV news Pennine Radio gone bust, does this effect The > >Pulse in West Yorkshire? > > I remember Centre Radio in Leicester going bust (late 70s?), have > there been others go bust between these 2? Been a few, the one I remember most here in Manchester was when Sunset 102 went bust - quite spectacularly.
Re: Pennine Radio gone bust?
Author: tony sayer
Date: Fri, 17 Apr 2009 18:02
Date: Fri, 17 Apr 2009 18:02
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In article <nyyfbegfubjuvyypbz.ki9idl1.pminews@srv1.howhill.net>, Dave Liquorice <allsortsnotthisbit@howhill.com> scribeth thus >On Fri, 17 Apr 2009 05:21:32 -0500, South Downs wrote: > >> I think five stations have gone bust since the start of 2009. > >The Radio Today article previously linked said that but is that "bust" as >in no longer any transmissions and the licence up for grabs. Or, has >already been suggested, "bust" to free themselves of debt and start an >"all new station" on the same frequency, with the same kit, staff and >directors? > We'll have to wait and see. A lot of stations fail with sustainable debt levels., Somehow they rarely get run as small businesses which they are and no different to a small plumbing and heating firm for instance. Seems as there're meedija then there in a different class;!... -- Tony Sayer
Re: Pennine Radio gone bust?
Author: tony sayer
Date: Fri, 17 Apr 2009 18:03
Date: Fri, 17 Apr 2009 18:03
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In article <slrnguh4v5.p9k.abuse@news.pr.network>, Paul Ratcliffe <abuse@orac12.clara34.co56.uk78> scribeth thus >On Fri, 17 Apr 2009 10:27:46 +0100, tony sayer <tony@bancom.co.uk> wrote: > >> if Ofcom play ball and let them take the licence to a new debt >> free firm and ruin it carefully .. they might "just" stay going .. > >Why would they want to stay going if they've just taken all that trouble >to ruin something? Well it seems the former owners might have ruined it by excessive debt levels, and if run more carefully then they might just stay afloat. So if you can get -rid- of the debt.... -- Tony Sayer
Re: Pennine Radio gone bust?
Author: Mark Carver
Date: Fri, 17 Apr 2009 19:04
Date: Fri, 17 Apr 2009 19:04
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South Downs wrote: > One of the original intentions of RDS was for ILR to be connected in such a way > that a driver could continue to listen to a ILR station while on the move and gain > the latest traffic information. It never happened due to demise of the IBA were > each ILR station became independent and gained full control over the running of > there own equipment. Yes, the plan was for them all to have a C*86 PI Code, and be generically linked with the REG function. The idea died a death with the IBA. Even before that happened the idea didn't work too well, because ISTR both Capital and LBC with their identical service areas both had '86 codes. Some stations did link in later years, but not for long, Reading's Radio 210, Southampton's Ocean Sound, and Bournemouth's 2CR for instance. -- Mark Please replace invalid and invalid with gmx and net to reply. www.paras.org.uk
Re: Pennine Radio gone bust?
Author: Paul Martin
Date: Fri, 17 Apr 2009 19:27
Date: Fri, 17 Apr 2009 19:27
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In article <_OWdnWwIPpdsKHXUnZ2dnUVZ8gidnZ2d@posted.plusnet>, Mikeapollo wrote: > Been a few, the one I remember most here in Manchester was when Sunset 102 > went bust - quite spectacularly. Cut off by NORWEB, decamped to a different site (I was told that it was a former church), arranged a new SHF link with the IBA, ran from there for a few weeks, then presumably fell to bits a little later. -- Paul Martin <pm@nowster.org.uk>
Re: Pennine Radio gone bust?
Author: "South Downs"
Date: Sat, 18 Apr 2009 11:36
Date: Sat, 18 Apr 2009 11:36
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tony sayer wrote: > >> "bust" to free themselves of debt and start an "all new station" on the > >> same frequency, with the same kit, staff and directors? > > > > Wasn't that sort of scam made illegal some years ago? > > Seem to remember that it depends on how its done.. > > And what you are actually doing.. SBS (Tx manufacturer) somehow managed it, I think they have gone bust twice.
Re: Pennine Radio gone bust?
Author: Paul Ratcliffe
Date: Sat, 18 Apr 2009 12:20
Date: Sat, 18 Apr 2009 12:20
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On Fri, 17 Apr 2009 16:32:09 +0100 (BST), Dave Liquorice <allsortsnotthisbit@howhill.com> wrote: > "bust" to free themselves of debt and start an "all new station" on the > same frequency, with the same kit, staff and directors? Wasn't that sort of scam made illegal some years ago?
Re: Pennine Radio gone bust?
Author: Paul Ratcliffe
Date: Sat, 18 Apr 2009 12:21
Date: Sat, 18 Apr 2009 12:21
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On Fri, 17 Apr 2009 18:01:29 +0100, Mikeapollo <usenet@.> wrote: > Been a few, the one I remember most here in Manchester was when Sunset 102 > went bust - quite spectacularly. What, a lovely shade of orange or something like that? A supernova perhaps?
Re: Pennine Radio gone bust?
Author: Paul Ratcliffe
Date: Sat, 18 Apr 2009 12:43
Date: Sat, 18 Apr 2009 12:43
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On Fri, 17 Apr 2009 18:03:55 +0100, tony sayer <tony@bancom.co.uk> wrote: >>> if Ofcom play ball and let them take the licence to a new debt >>> free firm and ruin it carefully .. they might "just" stay going .. >> >>Why would they want to stay going if they've just taken all that trouble >>to ruin something? > > Well it seems the former owners might have ruined it by excessive debt > levels, and if run more carefully then they might just stay afloat. I think this is where I put in one of these: <whoosh> I wish I hadn't bothered now.
Re: Pennine Radio gone bust?
Author: tony sayer
Date: Sat, 18 Apr 2009 15:55
Date: Sat, 18 Apr 2009 15:55
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In article <slrngujhcs.rf6.abuse@news.pr.network>, Paul Ratcliffe <abuse@orac12.clara34.co56.uk78> scribeth thus >On Fri, 17 Apr 2009 16:32:09 +0100 (BST), Dave Liquorice ><allsortsnotthisbit@howhill.com> wrote: > >> "bust" to free themselves of debt and start an "all new station" on the >> same frequency, with the same kit, staff and directors? > >Wasn't that sort of scam made illegal some years ago? Seem to remember that it depends on how its done.. And what you are actually doing.. -- Tony Sayer
Re: Pennine Radio gone bust?
Author: "Mikeapollo"
Date: Sat, 18 Apr 2009 17:48
Date: Sat, 18 Apr 2009 17:48
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"Paul Martin" <pm@nowster.org.uk> wrote in message news:slrnguhig5.qv5.pm@thinkpad.nowster.org.uk... > In article <_OWdnWwIPpdsKHXUnZ2dnUVZ8gidnZ2d@posted.plusnet>, > Mikeapollo wrote: > > > Been a few, the one I remember most here in Manchester was when Sunset 102 > > went bust - quite spectacularly. > > Cut off by NORWEB, decamped to a different site (I was told that it was > a former church), arranged a new SHF link with the IBA, ran from there > for a few weeks, then presumably fell to bits a little later. Well, Mike Shaft (who set up Sunset) has a very good couple of pages about it's origins, setup and demise at http://www.mikeshaft.com/08Sunset%20Radio%201.html and Radio Now carries the stories of this and other stations that went bust (and why) at http://www.radio-now.co.uk/stations_off_air.htm Sunset Radio went into liquidation in October 1993. In May 1993 the Radio Authority made a decision to prematurely terminate Sunset's licence, apparently accusing the station of providing inaccurate information about its financial and management affairs. In June 1993, The landlords of the building locked staff out and subsequently NORWEB cut off the power to the facilities for non-payment.The TX remained on broadcasting dead air. The station popped up again a few weeks later in July from it's "backup" site. In August 1993 the station reportedly had its transmission facilities withdrawn by NTL for non-payment. Following a brief return to the air the liquidator was called in and Sunset's frequency finally fell silent. The liquidator was later to re-apply on behalf of Sunset Radio for its re-advertised licence. Faze FM won the re-advertised licence for Manchester. Like Sunrise, Faze FM broadcast dance music, licencing the brand name Kiss from London station Kiss 100FM. The station launched as Kiss 102, but has since been bought by Chrysalis Radio. The station is now part of the successful Galaxy network.
Re: Pennine Radio gone bust?
Author: "Dave Liquorice"
Date: Sat, 18 Apr 2009 22:38
Date: Sat, 18 Apr 2009 22:38
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On Sat, 18 Apr 2009 12:20:44 GMT, Paul Ratcliffe wrote: >> "bust" to free themselves of debt and start an "all new station" on the >> same frequency, with the same kit, staff and directors? > > Wasn't that sort of scam made illegal some years ago? Nope. One company folds, the assets are bought(*) by another company and off you go. There are a number of freelancers out there ATM who are not very happy about a company that stopped trading fairly recently. (*) For some definition of "bought". -- Cheers Dave.
Re: Pennine Radio gone bust?
Author: Jerry
Date: Sun, 19 Apr 2009 07:54
Date: Sun, 19 Apr 2009 07:54
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Dave Liquorice wrote: > On Sat, 18 Apr 2009 12:20:44 GMT, Paul Ratcliffe wrote: > >>> "bust" to free themselves of debt and start an "all new station" on the >>> same frequency, with the same kit, staff and directors? >> Wasn't that sort of scam made illegal some years ago? > > Nope. One company folds, the assets are bought(*) by another company and > off you go. There are a number of freelancers out there ATM who are not > very happy about a company that stopped trading fairly recently. > > (*) For some definition of "bought". > That is not true were *directors* are concerned. -- Wikipedia: the Internet equivalent of Hyde Park and 'speakers corner'... Sorry, mail to this address goes unread. Please reply via group.
Re: Pennine Radio gone bust?
Author: "Dave Liquorice"
Date: Sun, 19 Apr 2009 10:22
Date: Sun, 19 Apr 2009 10:22
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On Sun, 19 Apr 2009 07:54:26 +0100, Jerry wrote: >>>> "bust" to free themselves of debt and start an "all new station" on >>>> the same frequency, with the same kit, staff and directors? >>> >>> Wasn't that sort of scam made illegal some years ago? >> >> Nope. One company folds, the assets are bought(*) by another company >> and off you go. >> >> (*) For some definition of "bought". > > That is not true were *directors* are concerned. Any director of a Limited Company that leaves their assets exposed to the debts of that limited company is a bit daft IMHO. Pretty sure a creditor could only pursue the directors of a bust company with any hope of success at getting anything back would be if the directors had been doing something illegal and the creditor can prove it. This "protection from debt" is the whole point of Limited Companies. -- Cheers Dave.
Re: Pennine Radio gone bust?
Author: Jerry
Date: Sun, 19 Apr 2009 12:07
Date: Sun, 19 Apr 2009 12:07
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Dave Liquorice wrote: > On Sun, 19 Apr 2009 07:54:26 +0100, Jerry wrote: > >>>>> "bust" to free themselves of debt and start an "all new station" on >>>>> the same frequency, with the same kit, staff and directors? >>>> Wasn't that sort of scam made illegal some years ago? >>> Nope. One company folds, the assets are bought(*) by another company >>> and off you go. >>> >>> (*) For some definition of "bought". >> That is not true were *directors* are concerned. > > Any director of a Limited Company that leaves their assets exposed to the > debts of that limited company is a bit daft IMHO. Pretty sure a creditor > could only pursue the directors of a bust company with any hope of success > at getting anything back would be if the directors had been doing > something illegal and the creditor can prove it. This "protection from > debt" is the whole point of Limited Companies. > AIUI directors of bankrupt companies are prevented by law from taking a directorship in any company [1] formed out of the assets of the bankrupted company, it *used* to be the case that a director could in effect walk away from his or her creditors by putting the company into receivership and then buying it back off the receiver and thus carry on as before less the debt. No one is doubting that the assets can be bought by *someone else* and the company carry on trading. [1] might even be any holding directorship -- Wikipedia: the Internet equivalent of Hyde Park and 'speakers corner'... Sorry, mail to this address goes unread. Please reply via group.
Re: Pennine Radio gone bust?
Author: "Dave Liquorice"
Date: Sun, 19 Apr 2009 22:46
Date: Sun, 19 Apr 2009 22:46
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On Sun, 19 Apr 2009 12:07:19 +0100, Jerry wrote: > AIUI directors of bankrupt companies are prevented by law from taking > a directorship in any company [1] formed out of the assets of the > bankrupted company, "Bankrupt" has a special legal meaning. A company ceasing to trade, even one with lots of debt, is not necessarily "bankrupt". You file for bankruptcy and once declared you do have all manner of restrictions placed upon you, not being a company director is one of them. Thinking about it I'm not sure than bankruptcy would actually be all that relevant to a Ltd Co as that doesn't need money to buy food, housing, warmth etc... > No one is doubting that the assets can be bought by *someone else* and > the company carry on trading. Remember that another Ltd Co. is "someone else" in this context. There may have to be fiddling of job titles of the directors of the new company versus the old one. Maybe an old director becomes the secretary of the new and vice versa... -- Cheers Dave.
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