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SLR - Ofcom Licensing

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Section 105(A): Ability to maintain proposed service<br />

2. Financial and Business Plan<br />

c) Financial Projections<br />

The Shrewsbury Chronicle is one of the oldest weekly papers in the country and was first<br />

published in 1772. Over the centuries the paper has had many different owners and offices<br />

around the town, but it is now based at Chronicle House, Castle Foregate, opposite<br />

Shrewsbury railway station. It is printed on Wednesday evening and is on sale for Thursday<br />

breakfast.<br />

The Chronicle claims to be a ‘community’ newspaper aiming to “chronicle everything that has<br />

happened in Shrewsbury and the surrounding area during the previous seven days”.<br />

However, it is clear to any reader that the paper’s true raison d’être is to sell property. The<br />

paper averages 96 pages each week half of which form a property supplement. According to<br />

Jicreg data the Shrewsbury/North Shropshire Chronicle has a circulation of 18,349 with an<br />

average issue readership of 54,000, (51% of the population). The current ratecard cost of a<br />

mono quarter page ROP advertisement is £348.<br />

The Oswestry and Border Counties Advertiser is one of a number of weekly titles owned by<br />

North Wales Newspapers group. Established over 150 years ago it is the second oldest<br />

newspaper in the county. With a published readership of 32,500 our own focus group<br />

research and anecdotal evidence showed this to be a valued publication and the solitary<br />

source of hard news outside the giant MNA stable. (Full details of Focus Group studies can<br />

be inspected in Research Report 3 in Appendix 7).<br />

Shrewsbury ‘Admag’ is a weekly free paper published by Northcliffe group that is almost<br />

entirely comprised of advertisements. According to VFD the title reaches 35,000 households<br />

in and around Shrewsbury and 7,000 homes in Oswestry.<br />

The Powys County Times and Express covers a large geographic area fringing on the<br />

proposed <strong>SLR</strong> transmission area. Readership and commercial support, however, is almost<br />

entirely confined to the Welsh side of the border.<br />

A Detailed map of the specified press circulation areas landscape can be found in<br />

Confidential Appendix 16.<br />

The Local Radio Market<br />

The two existing commercial stations broadcasting to Shrewsbury and Oswestry are Beacon<br />

Radio and Classic Gold WABC. In Oswestry MFM 103.4 and Classic Gold Marcher, (from<br />

Wrexham), also appear on Rajar diaries, although the town lies outside the stations’ official<br />

MCA. All these stations are now a part of Britain’s largest radio group Gcap Media. BBC<br />

Radio Shropshire also broadcasts across the county.<br />

A Detailed map of the specified radio landscape can be found in Confidential Appendix 16.<br />

Originally focused on Wolverhampton and The Black Country, Beacon Radio launched in<br />

April 1976, the last of the Independent Broadcasting Authority’s first raft of ILR stations.<br />

Beacon was considered an ‘experiment’ by the IBA which was keen to observe what would<br />

happen if two commercial stations were allowed to operate in close proximity to one another.<br />

One third of Beacon’s area overlapped with Birmingham-based BRMB, an area which<br />

includes the towns of Dudley and Halesowen. Beacon’s original board recognised the need<br />

to formulate an alternative musical offering and looked to North America’s more developed<br />

radio industry when recruiting senior management for the station’s launch. Under the first<br />

Managing Director, an American, the early Beacon sound was very distinctive, and<br />

noticeably different from that of BRMB.<br />

25

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