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Signal 107 Application

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General information (a) Name of Applicant, Address, Telephone and E-mail address Name: talkSPORT Limited Address: Ground Floor 401 Faraday Street Birchwood Park Warrington WA3 6GA Telephone: 01925 251810 Email: [email protected] (b) Main Contact (For Public Purposes) Please nominate at least one individual to deal with any press or public enquiries, stating: Name: Scott Taunton Telephone: 01925 251810 Address: talkSPORT Limited, Ground Floor, 401 Faraday Street, Birchwood Park, Warrington, WA3 6GA E-mail: [email protected] (c) Station Name (if decided) Signal 107 (d) Main Contact (For Ofcom Purposes) Please nominate one individual to whom questions of clarification and/or amplification should be sent, stating: Name: Jimmy Buckland Telephone: 020 7959 7814 Address: talkSPORT Limited, 18 Hatfields, London SE1 8DJ E-mail: [email protected] A copy of the Certificate of Incorporation is enclosed with this licence application. 2 Executive Summary Signal 107 is a high quality locally focused radio station with broad musical output for Telford. Having failed to sustain itself as a standalone operation under previous ownership, the station now benefits from the expertise and backing of a parent group which is committed to local radio. By sharing operations across four neighbouring licence areas, Signal 107 generates economies of scale which are crucial to its long-term viability. Following Signal 107’s recent success in retaining its Wolverhampton licence, this application seeks to secure the station’s tailored service for Telford until 2027. Telford is a vibrant town with a rich industrial heritage and strong local identity. Its residents deserve their own local radio station and this is what Signal 107 delivers. If re-awarded this licence for a further 12 years, Signal 107 is committed to delivering: • High-quality programming with a strong local focus on Telford; • A platform for community engagement involving a range of local partners; • Music output with broad appeal to local listeners; • Targeted local advertising opportunities for local businesses. Our ability to offer this high quality local service draws upon a number of unique strengths: • Signal 107’s existing strong standing amongst Telford listeners, advertisers and community groups; • Our experienced local management team, who boast unrivalled local knowledge and relationships; • The financial backing of a stable and successful parent group; • Centralised group support which enables station staff to focus on local programming and revenue generation. Since launching as the Telford FM in 1999, and following its re-launch as Signal 107 in 2012, the station has sought to enhance and enrich the lives of local people in Telford. Our consumer research and letters of support from the local community demonstrate that we are succeeding in this mission. By re-awarding this licence to Signal 107, Ofcom can ensure that Telford continues to enjoy these benefits for a further 12 years. 3 Section 105(A): Ability to maintain proposed service 1. Ownership and control of company which will operate the licence (a) Board of Directors i) Provide the name, occupation, other directorships, other media interests, and, if not a director of an existing Ofcom radio licensee, the relevant media experience, of each director (executive and non-executive), including the proposed chairperson. Name: John McCann Occupation: UTV Media plc, Group Chief Executive Other directorships: SWANSEA SOUND LIMITED TALK RADIO UK LIMITED SIGNAL RADIO LIMITED TWG PAYMENTS LIMITED WOLVERHAMPTON AREA RADIO LIMITED PERFECTTASTE LIMITED TALKSPORT LIMITED ALLIED RADIO LIMITED INDEPENDENT RADIO GROUP LIMITED DIRECT NET ACCESS LIMITED 102.4 WISH FM LIMITED UTV CONNECT LIMITED THE WIRELESS GROUP HOLDINGS LIMITED RECRUITMENT NORTHERN IRELAND LIMITED UTV MEDIA (GB) LIMITED U105 LIMITED SOCCERBET LIMITED UTV DRIVE LIMITED TOWER 107.4 FM LIMITED FOREVER BROADCASTING LIMITED RADIOWAVE (BLACKPOOL) LIMITED UTV IRELAND LIMITED THE WIRELESS GROUP (ILRS) LIMITED WIRE FM (1997) LIMITED PULSE F.M. LIMITED GRAND CENTRAL BROADCASTING LIMITED UTV LTD UTV MEDIA PLC UTV NEW MEDIA LTD UTV RADIO LTD John is a director of an existing Ofcom licensee. 4 Name: Scott Taunton Occupation: UTV Media plc, Group Operating Officer Other directorships: WOLVERHAMPTON AREA RADIO LIMITED INDEPENDENT RADIO GROUP LIMITED WIRE FM (1997) LIMITED THE WIRELESS GROUP (ILRS) LIMITED UTV MEDIA (GB) LIMITED PULSE F.M. LIMITED SWITCHDIGITAL (LONDON) LIMITED TALK RADIO UK LIMITED TWG PAYMENTS LIMITED RADIOWAVE (BLACKPOOL) LIMITED FOREVER BROADCASTING LIMITED 102.4 WISH FM LIMITED THE DIGITAL RADIO GROUP (LONDON) LIMITED THE WIRELESS GROUP HOLDINGS LIMITED UTV DIGITAL (B&H) LIMITED PERFECTTASTE LIMITED SOCCERBET LIMITED UTV DIGITAL LIMITED TOWER 107.4 FM LIMITED GRAND CENTRAL BROADCASTING LIMITED UTV MEDIA PLC UTV LIMITED ALLIED RADIO LIMITED UTV CONNECT LIMITED SWITCHDIGITAL (SCOTLAND) LIMITED FIRST RADIO SALES LIMITED SWANSEA SOUND LIMITED UTV RADIO LIMITED SIGNAL RADIO LIMITED SOUND DIGITAL LIMITED TALKSPORT LIMITED JUICE HOLDCO LTD MAIN STREET 1035 (PTY) LIMITED Scott is a director of an existing Ofcom licensee. 5 Name: Norman McKeown Occupation: UTV Media plc, Group Finance Director Other directorships: SIGNAL RADIO LIMITED ALLIED RADIO LTD WOLVERHAMPTON AREA RADIO LIMITED UTV MEDIA PLC TALKSPORT LIMITED 102.4 WISH FM LIMITED INDEPENDENT RADIO GROUP LIMITED SIMPLY ZESTY UK LIMITED THE WIRELESS GROUP (ILRS) LIMITED ANOTHERWAY PULSE F.M. LIMITED BABSTOVA LIMITED WIRE FM (1997) LIMITED CAPITAL RADIO PRODUCTIONS LIMITED THE WIRELESS GROUP HOLDINGS LIMITED CITY BROADCASTING LIMITED UTV MEDIA (GB) LIMITED CORK MEDIA ENTERPRISES LIMITED UTV RADIO LIMITED COUNTY MEDIA LIMITED SOCCERBET LIMITED RADIO COUNTY SOUND LIMITED TOWER 107.4 FM LIMITED SHAWNEE LIMITED RADIOWAVE (BLACKPOOL) LIMITED SIMPLY ZESTY LIMITED THE INDEPENDENT BROADCASTING CORPORATION TALK RADIO UK LIMITED LIMITED TWG PAYMENTS LIMITED TREATY RADIO LIMITED PERFECTTASTE LIMITED UTV RADIO (ROI) LIMITED UTV LIMITED DIRECT NET ACCESS LTD FOREVER BROADCASTING LTD GRAND CENTRAL BROADCASTING LTD RECRUITMENT NORTHERN IRELAND LTD SWANSEA SOUND LTD THE INTERNET BUSINESS LTD U105 LTD UTV CONNECT LTD UTV DRIVE LTD UTV NEW MEDIA LTD STRATHERN SCHOOL BELFAST Norman is a director of an existing Ofcom licensee. 6 Name: Tony Tompkins Occupation: Finance Director, UTV Media (GB) Limited Other directorships: SWANSEA SOUND LIMITED GRAND CENTRAL BROADCASTING LIMITED SIGNAL RADIO LIMITED INDEPENDENT RADIO GROUP LIMITED WOLVERHAMPTON AREA RADIO LIMITED JUICE HOLDCO LTD 102.4 WISH FM LIMITED RADIOWAVE (BLACKPOOL) LIMITED FOREVER BROADCASTING LIMITED THE WIRELESS GROUP (ILRS) LIMITED ALLIED RADIO LIMITED WIRE FM (1997) LIMITED TWG PAYMENTS LIMITED THE WIRELESS GROUP HOLDINGS LIMITED UTV MEDIA (GB) LIMITED TALK RADIO UK LIMITED SOCCERBET LIMITED UTV RADIO LIMITED TOWER 107.4 FM LIMITED PULSE F.M. LIMITED TALKSPORT LIMITED PERFECTTASTE LIMITED JEWELSTAFF LIMITED THE DOVE SERVICE Tony is a director of an existing Ofcom licensee. 7 ii) If there are firm plans to appoint any further directors, provide information (with details of any specific individuals in mind). This information may be submitted in confidence. There are no firm plans to appoint any further directors. (b) Investors and Shareholding Structure Full details of the shareholding structure should be provided, including: i) Names and addresses (the latter may be submitted in confidence) of all existing or proposed shareholders. UTV Media plc (“UTV”) is a publicly listed television and radio group with operations in Great Britain, Northern Ireland and the Republic of Ireland. UTV is located at Ormeau Road, Belfast, BT7 1EB. UTV’s media interests in Great Britain are held within its 100% wholly owned subsidiary UTV Media (GB) Limited (“UTVGB”). These interests include one national radio licence (talkSPORT – the world’s biggest sports radio station), Sport Magazine (the most read sport magazine in the UK), talkSPORT International (global audio partner of the Barclays Premier League) and 16 independent local radio licences, of which Signal 107 (Telford) is one. UTVGB’s local radio licences are all held within talkSPORT Limited, a 100% owned subsidiary. A full organisational chart is attached separately in confidence. ii) Total number, class/classes of shares and issue price of shares (specify voting, non-voting, preference, other etc.). talkSPORT Limited is wholly owned by The Wireless Group Holdings Limited. The table below sets out the number of ordinary shares it holds: Name of shareholder Number of shares Total investment (£) Total investment (%) The Wireless Group Holdings Limited 2,000 1,000 100% Please provide any additional information/notes (e.g. details of voting rights, if they do not mirror shareholdings): Not applicable 8 The Wireless Group Holdings Limited is a wholly owned subsidiary of UTV Media (GB) Limited. The table below sets out the number of ordinary shares it holds: Name of shareholder Number of shares Total investment (£) Total investment (%) UTV Media (GB) Limited 1,000,000 0 100% Please provide any additional information/notes (e.g. details of voting rights, if they do not mirror shareholdings): Not applicable iii) All voting shareholders and holders of 5% or more of non-voting shares and loan stock should be named. State the number, class/classes and price of shares to be issued to each investor. UTV Media (GB) Limited is a wholly owned subsidiary of UTV Media plc. The table below sets out the significant (5% plus) shareholders
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