August 18, 2012
The media conglomerate Berkshire Media Group, headquartered in London, UK, recently acquired ownership of one of the world’s largest network of radio stations it announced today. In a press release, Robert Harrison, CEO of Berkshire Media Group, promised ‘significant changes to both management and programming to restore balance to the network’, which had operated as a loose confederation of independent stations for many years.
Among the stations acquired were powerhouses KMIX Radio Los Angeles, WNYR ‘The Rock’ of New York City, WCTR Chicago and others. The network also includes a collection of top stations in Tokyo, Rio De Janeiro, Mexico City, Sydney and other major cities. Harrison plans to manage the network content centrally, giving Berkshire Media Group an enviable platform with which to launch new music and introduce new artists to a global listener base.
An avid fan of radio since his youth, Harrison had previously expressed interest in adding radio to Berkshire’s growing portfolio of media startups. Today’s news simply confirms that intention. Finding opportunity in sectors that have been hard-hit by the digital era requires patience and vision. Based upon Berkshire Media Group’s track record of successful ventures, Harrison and his group appear to possess both.