Channel 4’s Announcement

Folder Media notes the announcement from Channel 4  that due to a drastic downturn in their (television) revenues, that they are cancelling their radio project.

DAB Digital Radio listening accounts for 11% of all UK radio listening (over double the combined figures for digital television and the internet) and the medium is on the verge of there being 10 million sets in the market. This is a consumer success story based on the output of digital radio today.

In the past six months, the development of stations like NME Radio, Q and Jazz FM tells the true story – that there’s a growing demand from operators to engage with this growing audience. With the merger of NGW and Arqiva now complete, the planning for our MuxCo multiplex network continues at pace. When launched this will enhance the coverage of many existing local stations and still bring a selection of new stations to areas across the UK.