Search

Time 107.5 FM takes presenters off air following sale

09:54 05 February 2014

Time 107.5 FM, which was sold yesterday, has taken its presenters off air and will play back-to-back music for the next 48 hours, a spokesman says.

Time FM 107.5 Limited was taken into administration last month and bought out yesterday morning.

Previous owner Dr Avtar Lit said: “They paid a lot of money for it yesterday so I’m surprised it has gone off air.”

He added that he ran the company at a loss for the last eight years and needed to sell it after its finances were affecting the other stations in his portfolio.

Speaking to the Recorder on January 23 after company went into administration, station manager Lorna Waters said: “We’ve got a buyer and [the administration] is not going to have any affect.

“We will remain on air and there will be no job cuts.

“Nobody will even notice.”

Dr Lit, who appears at number 84 in The Sikh 100 which lists the most powerful Sikhs worldwide, also had four other companies placed into administration.

These are Tristar Broadcasting Limited (owner of Time 106.6), London Media Company Limited, Kismat Radio Limited and Sunrise Radio Limited.

0 comments

Latest News Stories

45 minutes ago
Parliamentary candidates for Romford

Many things can influence a decision made at the ballot box and the chairman of a church hustings wanted to make sure all bases were covered – dog or cat person? Rugby or football fan? Inny or outy?

08:00
St Andrew's Church in Hornchurch held a service for Anzac Day, the anniversary of the landing of the Australian and New Zealand Army Corps at Gallipoli during the First World War

The thousands of men who fell at Gallipoli have been remembered 100 years on.

Havering is getting older

As new figures reveal the true scale of our ageing population, Emma Youle and Ralph Blackburn examine the data, and find out what it means for the future of our borough

Yesterday, 12:00
Young woman stop to smoke while she is pregnant

Pregnant women have been urged not to play Russian roulette with the health of their unborn child – as new figures show Havering has the highest rate of smoking during pregnancy in London.

Most read news

News from your area

WW100

Click on the banner above for full coverage of the centenary commemorations of the outbreak of the First World War.

Competitions

Spruce up for spring with this beauty bundle from Justmylook!

Looking to update your look for spring? Well, you’re in luck.

Glen Moray whiskey could be winging its way to you.

The Glen Moray Classic is a classic Speyside single malt and forms the starting point for the Classic Range.

Digital Edition

Image
Read the Romford Recorder e-edition today E-edition
Family Notices 24


Our trusted business finder