Statement Regarding the Future of Rossendale Radio
|Author: Catherine Smyth||Published: 16th February 2012 21:37|
Rossendale-based charity REAL has set up a separate company Rossendale Media Limited. Radio Rossendale Limited is currently being administered by this new company pending a decision on its future.
Rossendale Radio: Out and about in the community
Chair of the REAL Board Hazel Harding said: "We want to make it clear that REAL has not taken over the radio station, it is merely securing its future for three months while a more permanent solution is sought.
"Rossendale Media Limited has guaranteed to cover staff wages at the station for a three month period and administer any invoices due to the company and liabilities payable by the radio station during this time.
"The intention is to carry out a systematic review of the business and to determine a structured way forward.
"REAL's intention is to find a solution to save what we see as a vital community resource and ensure it becomes a viable station and serves the people of Rossendale for many years to come."