FM Licence Thrown Back At Ofcom

Commercial radio company UKRD is to become the first media owner to
take the radical step of handing back a radio licence.
UKRD - which owns 10 commercial radio stations across England - is to
hand back the FM licence for Star Radio in Stroud to Ofcom in protest
at the way smaller radio stations are regulated.
The company could have sold the licence on to another operator - FM
licences are a rare commodity - but decided instead to make a stand
to force a review of the sector's regulation.
"Someone has got to do this to get the whole area of smaller radio
stations which is over-regulated and over-burdened and lacks
sufficient flexibility from the regulator," said William Rogers, the
chief executive of UKRD.

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