Media
Channel 4, UBC ink development agreement
Published Friday, Aug 27 2004, 16:17 BST | By James Welsh
Channel 4 and UBC Media have inked a development agreement to examine the possibility of launching a national digital radio station using the C4 brand and the Oneword licence.
"We recently took 100% control of the Oneword national licence because we believed it is an important asset in the portfolio we have built up since going public 4 years ago," said UBC CEO Simon Cole. "Its importance is confirmed by this development deal which we hope will lead to the creation of the UK's first bi-media commercial channel. We are looking forward to working with Channel 4 as we take this exciting project forward."
Oneword has carriage on digital cable, satellite and terrestrial TV, along with the national DAB multiplex Digital One - giving any new station from Channel 4 a relatively strong position on which to launch.
"We recently took 100% control of the Oneword national licence because we believed it is an important asset in the portfolio we have built up since going public 4 years ago," said UBC CEO Simon Cole. "Its importance is confirmed by this development deal which we hope will lead to the creation of the UK's first bi-media commercial channel. We are looking forward to working with Channel 4 as we take this exciting project forward."
Oneword has carriage on digital cable, satellite and terrestrial TV, along with the national DAB multiplex Digital One - giving any new station from Channel 4 a relatively strong position on which to launch.
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