NEWS: Planet Rock and theJazz DAB radio stations to close

The owner of Capital 95.8 and Classic FM, GCap Media, is closing its DAB radio stations theJazz and Planet Rock, and selling its majority stake in Digital One, the national digital radio licence.

The move comes as part of a shakeup by the new chief executive of GCap, Fru Hazlitt. She intends to focus on FM radio, broadband and mobile platforms, and turn away from the emerging DAB market.

Hazlitt says she will concentrate on FM and broadband because they are "the platforms that we believe consumers want and which offer the greatest growth opportunities. DAB is not an economically viable platform for the company".

GCap will sell its stake in Digital One to Arqiva, its partner in the joint venture. It is also disposing of its XFM regional analogue licences, to focus on XFM's heritage as a London station.

A spokeswoman for the Digital Radio Development Bureau (DRDB) says: "We regret the closure of Planet Rock and theJazz, but we look forward to the emergence of new DAB services, and the rationalisation of the commercial radio national DAB service".

Technorati Tags: DAB , FM radio

Andy Clough

Andy is Global Brand Director of What Hi-Fi? and has been a technology journalist for 30 years. During that time he has covered everything from VHS and Betamax, MiniDisc and DCC to CDi, Laserdisc and 3D TV, and any number of other formats that have come and gone. He loves nothing better than a good old format war. Andy edited several hi-fi and home cinema magazines before relaunching in 2008 and helping turn it into the global success it is today. When not listening to music or watching TV, he spends far too much of his time reading about cars he can't afford to buy.