A group of local shareholders has acquired a controlling interest in Radio Plymouth Ltd. Previously the company was majority owned by a London based media company.
Now several of the local shareholders have injected substantial new capital into the business gaining a 64% controlling interest for the local shareholder group of nine individuals.
Radio Plymouth went on-air in February 2010 and broadcasts from studios in Crescent Avenue on The Hoe. It employs a mix of 14 full and part-time staff led by Station Manager Tim Manns. The change of control is subject to formal ratification by media regulator Ofcom.
More top news
Comedian Bill Bailey was back in his native Somerset to present the Avalon Marshes with a special award for environmental work.
Pewsey Fire Station issued an apology on Facebook for sharing their pork-eating antics on the social media website.
People interested in having cosmetic treatments are being advised to follow the "five Ps", ensuring the procedure is safe.