12 February 2008

Capital Radio Network receives apology

| Michelle Blyton
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IBN News today posted an apology to the Capital Radio Network…

On Tuesday, 19 September 2006, IBN News published a story that said Grant Broadcasters had assumed 51% of the shares in Capital Radio Network.

This is incorrect.

Grant Broadcasters owns 50%: Kevin Blyton owns the other 50% through his company Creekside Investments, which owns 49% and 1% of Capital Radio shares respectively.

Furthermore, Steve Swadling is not and has never been a director of the company, and Kevin Blyton’s correct title is managing director.

IBN News apologises to the Capital Radio Network for the error.

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