Friday, May 30, 2008

Brian May loses Planet Rock

Putting aside his worries about Wikipedia ("anyone is free to lie"), Brian May has posted a confirmation that his consortium has lost its bid to buy Planet Rock off GCap:

Our chaps have been pressing on with GCAP's lawyers, finalising the arrangements, the principles having been agreed a few weeks ago, but, out of the blue, we heard a rumour that someone else was involved, and this morning someone 'unofficially' confirmed that rumour.

MediaGuardian reckons that an official announcement is due. May worries that the buyer might not keep the station on-air, although it's hard to imagine what they'd be buying it for if they weren't going to - it's not for the slot on DAB, that's for certain.

1 comment:

Jack said...

Given that they've lost the bid, surely it must mean that someone else has bought it to keep it on air? Given that the original plan was simply to close it down?

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