Australian &Media 07 Dec 2007 12:19 pm
MacBank builds UK empire
I have a feature in the media section of The Australian today about Macquarie Bank’s growing media empire in the UK. The Australian investment bank has been investing heavily in the UK media, mostly on the infrastructure and services side through Arqiva and Red Bee Media. In Australia, it owns a string of radio stations as well as media infrastructure, but it has not gone down this route in the UK and recently ditched plans for a radio station in Plymouth in Cornwall and Devon.
on 03 Jan 2008 at 5.58 pm 1.Don B. said …
I was looking for your blog and found this site Caitlin. Do you really think airwave radio in the UK has growth potential?
Which blog were you looking for – maybe I can help? As for radio, I don’t expect it to decline in the same way that newspapers are. Listening to the radio is a largely complementary medium to the internet – you listen to it in places that the web can’t reach like in bed, in the kitchen and in the car, and you also listen to it at the same time as using the web. I am not sure exactly how you would define “airwave” radio; certainly I think the future of radio is digital (DAB etc) rather than analogue. I think there is modest growth potential, in line with the overall market but nothing spectacular.