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Orion Media was formed in 2009, following the purchase of five Midlands-based radio stations – namely BRMB, Mercia, Wyvern, Beacon and Heart 106 from Global for a sale price worth £37.5 million. [2] In early 2012, Orion announced plans to rebrand BRMB, Beacon, Mercia and Wyvern into one station as a means of generating greater revenue.
The stations which initially formed the Greatest Hits Radio network are predominantly sister stations to the corresponding Hits Radio network stations. Many were originally set up as a 'Gold' counterpart (e.g. Radio City Gold in Liverpool) when stations were instructed by the Independent Broadcasting Authority to cease simulcasting their services on both AM and FM in the late 1980s.
In December 2001, EMAP decided that it was more economical for the Magic network to share off-peak programmes and in line with the other Magic AM stations began networking between 10am-2pm, 7pm-10am, and then 2am-6am (because of Pete Price's phone-in, which switched stations in January 2006). This resulted in Magic 1548 having more local ...
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On Tuesday, gold futures hovered above $2,515 per ounce. The precious metal is off its all-time high touched last month but still up nearly 22% year to date, making it the world's second-best ...