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Capital Radio and GWR have confirmed plans for a £711m merger, in order to create a national commercial radio network better able to compete with the BBC. 30-Sep-2004 Capital Radio and GWR have confirmed that they are in merger discussions, which could lead to the creation of a £700m broadcasting group. 20-Sep-2004 GWR and Caledonia Investments are to sell Radio Investments, the owner of 22 local radio stations, to The Local Radio Company for about £40m. 11-May-2004 BT Group and GWR are forming a joint venture company to distribute media content to a new generation of mobile devices that use the digital radio spectrum. 03-May-2004 GWR has agreed to sell its 49% stake in Vibe Radio Services to Scottish Radio Holdings for £18m, while its Hungarian radio interests are being sold to Advent International and Mezzanine Management for £18m. 23-May-2003 GWR is to acquire the remaining 50% of London News Radio and will then sell the whole business on to Chrysalis for £23m. 26-Sep-2002 GWR is planning to launch a TV version of the Classic FM radio station next year. 04-Sep-2002 GWR has announced plans to sell its radio stations in Finland, Hungary, Austria, Bulgaria and Australia, in order to raise £70m and focus its business on the UK. 28-May-2002 GWR Group has sold its six remaining Classic Gold AM radio licences to Classic Gold Digital for £1.7m. 08-Jan-2002 GWR is considering plans to sell its radio interests in Austria, Hungary, Poland, Finland and the Netherlands, in order to focus on the UK and Australia. 21-Nov-2001 GWR is to shed 46 jobs from its Koko.com internet service, in order to focus on its local radio stations. 02-Aug-2001 Daily Mail & General Trust is to sell its radio assets to GWR for £146m, and the two companies plan to form a closer partnership in their print, internet and radio businesses. 14-Jun-2000 GWR has acquired a 5% stake in Altodigital, the web site services provider, for £7m. 03-Apr-2000 GWR is to set up a £6m internet business called Ecast Ventures, which will include a network of local web sites and a radio entertainment portal. 17-Feb-2000 EMI has sold its 13% stake in the GWR radio group to institutional buyers for £81m, in order to focus on its music business. 30-Nov-1999 GWR and Radio Investments are to acquire the remaining 50% of Minster Sound Radio, the York-based local radio operator, for up to £4.8m. 22-Nov-1999 GWR is to focus on the expansion of its UK digital radio and internet operations, but is not looking to acquire any more businesses in continental Europe. 03-Nov-1999 GWR has bought the Plymouth Sound radio station from The Local Radio Company for £5.3m. 01-Jul-1999 GWR is claiming to be the first radio operator to offer a subscription-free internet service. 21-Jun-1999 GWR and Radio Investments are to jointly acquire Stray FM, the Harrogate-based radio station, for about £3m. 15-Jun-1999 GWR is planning to invest up to £12m in digital radio services over the next six years, and is also in talks with a number of mobile phone companies about incorporating miniature digital radios into their products. 12-May-1999 GWR is acquiring Orchard Media, the owner of four radio stations in the West Country, for £26m. 29-Jan-1999 GWR is planning to invest £1m in a new digital music radio station aimed at teenagers. 12-Nov-1998 Digital One, a consortium of GWR, NTL and Talk Radio, has won a licence to broadcast 10 commercial digital radio channels across the country. 13-Oct-1998 The Digital One consortium, which includes GWR, NTL and Talk Radio, has presented an unchallenged bid to run national digital radio, and is aiming to set up a 10-channel service. 24-Jun-1998 GWR is considering plans to transform Classic FM into a global classical music radio station, but will first move into markets where it already operates such as Austria and Poland. 17-Jun-1998 GWR Group is acquiring a 90% stake in Radio Melody, the Austrian local radio station, for £3.2m. 20-Mar-1998 GWR has created a digital division tasked with arranging a consortium to bid for a national digital radio broadcasting licence in the spring. 16-Jan-1998 Capital Radio is planning to sell its 14.9% stake in GWR via a placing. 30-Sep-1997 GWR is to pull out of Media Sales and Marketing and will instead sell its own airtime on its radio stations. 12-Jun-1997 GWR has acquired Radio Wyvern, which operates in Hereford and Worcester, for £3.9m. 01-Jan-1997 GWR has sold Prospect, its recently-acquired New Zealand radio company, to the Radio Network of New Zealand for £17m. 19-Nov-1996 GWR Group is acquiring the remaining 83% of Classic FM, the national classical radio station, for £71m. 24-Aug-1996 GWR has a 33% stake in a venture which has won a licence for a news and talk radio station in Poland, called Inforadio. 16-Jul-1996 GWR has bought a 60% stake in Radio Edelweiss, the Innsbruck-based commercial radio station that broadcasts in Germany and Austria. 22-Jun-1996 GWR and its partners, Daily Mail & General Trust, ITN and Reuters, are preparing to apply for an FM licence to launch a business and sports radio station in London. 14-Jun-1996 GWR is funding its acquisition of Radio New Zealand by raising £36m in a rights issue, and is also planning to buy East Anglian Radio for £24m. 23-Mar-1996 GWR of Swindon is buying Prospect, the New Zealand radio business with 12 stations, for £11.6m. 02-Mar-1996 Independent Radio Sales, the sales house for radio advertising, has lost two key clients - GWR and Emap - and may go to the OFT over concerns that its rival, Media Sales & Marketing, now has at least 65% of the market. 29-Feb-1996 GWR of Bristol is buying a 31% stake in London News Radio for about £2.2m. 10-Feb-1996 GWR, the Bristol-based radio concern, is selling Galaxy Radio to Chrysalis Group for £4.1m. 26-Oct-1995
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