Privately held company | |
Industry | Media |
Founded | 2007 |
Headquarters | Leicester Square, London, UK |
Key people
|
Ashley Tabor OBE (Founder & Executive President) Stephen Miron (Group Chief Executive) Charles Allen (Chairman) Richard Park (Director of Broadcasting) |
Revenue | £219.5 million (March 2013) |
£37.1 million (March 2013) | |
Website | www |
Global is a British media company formed in 2007, which owns a large number of radio stations across the country. The company has expanded through a number of acquisitions, including Chrysalis Radio, GCap Media and GMG Radio. Global has followed a strategy of focusing on several existing radio station brands which it had rebranded other stations under, running as partially syndicated networks, with limited locally produced programming.
Global also has a television broadcasting division and runs artist management services.
Global was founded by Ashley Tabor OBE in 2007, with financial backing from his father Michael Tabor, and purchased Chrysalis Radio, where Global took control of the radio brands Heart, Galaxy, LBC and The Arrow. A year later on 31 October 2008 Global Radio officially took control of all GCap Media and its brands. The GCap Media name was dropped at this time. The GCap purchase gave Global the network of FM stations which GCap had operated as The One Network (many of which are now part of the Heart or Capital networks), plus Classic FM, XFM, Capital Xtra, Gold and Chill.
Following the acquisition of GCap Media, Global was required to sell off a number of stations in the Midlands. The stations were bought by Orion Media, headed by Phil Riley, former Chief Executive of Chrysalis Radio.
Heritage local radio stations in areas not already served by Heart FM were gradually rebranded and incorporated into a larger Heart Network that covers most of southern England and parts of North Wales. The remaining stations briefly formed The Hit Music Network before being merged with the Galaxy network and Capital London into the Capital network.