Asian community radio station Sunrise Radio up for sale
Sunrise Radio, which started 30 years ago in London as Sina Radio, has been popular among the South Asians in the UK including Indians, Sri Lankans, and Pakistanis. The radio station’s headquarters in Southall and its studio in Hounslow– with their bold blue and yellow logo – have been well-known landmarks since the 80s.
The ailing group also operates other stations such as Kismat Radio, and Sunrise TV and is owned by Avtar Lit. In 2005, at its peak, Sunrise Radio group, posted pre-tax profits of over £5m and Lit became one of the "20 most powerful Asians in British media" in 2005. Lit calls Sunrise Radio the “World’s Greatest Asian Radio Station”.
The group has appointed Grant Thornton LLP as administrators for the sale of five iconic radio brands which includes London Media Company Limited, Time FM 107.5 Limited and Tristar Broadcasting Limited, alongside Sunrise Radio and Kismat Radio.
The radio stations and Sunrise TV have been in financial distress for a while. Sunrise TV, which was available on Sky channel 830, abruptly ended broadcasting in February 2013.
Sunrise Radio 1, Sunrise Radio 2 and Sunrise Radio 3 have not been included in the administration process and continue to be on air as normal as these channels are owned separately by Litt Corporation Limited. However, the full impact of the administration process on Sunrise 1,2 & 3 are yet to be known.
More like this
There are Asian community radio stations in Birmingham, Glasgow, Edinburgh, Bradford, Wolverhampton and Coventry.
Grant Thornton will now look for potential buyers to dispose of Sunrise Radio and its sister brands.
Follow IndiaNewsBulletin on Google+
Follow Archana Venkatraman on Google+Most read
- 2015: Full list of Indian States, capitals and their Chief Ministers
- Indian cabinet 2014: Full list of Ministers and their portfolios in the Modi government
- Pics: Amitabh and Aishwarya Rai Bachchan dazzle in Chennai for Kalyan Jewellers
- South Indian actress Trisha Krishnan’s father passes away
- Recipe: Misal Pav – how to make missal masala, usal and tarri
- Review: Southall Travel (Also Travel Trolley and Fly Sharp)
- Ileana D’Cruz and Virat Kohli sizzle in TV ad for Clear anti-dandruff shampoo
- Pics: Trisha Krishnan rocks Tarun Tahiliani saree for Lion film’s audio launch in Hyderabad
- Commonwealth Games 2014: Full list of Indian gold, silver and bronze medal winners
- Kairichi dal (Vatli dal)
India News Bulletin by email
Desi Events
Featured Stories
More Lead Stories
- Review: Southall Travel (Also Travel Trolley and Fly Sharp)
- Pics: Amitabh and Aishwarya Rai Bachchan dazzle in Chennai for Kalyan Jewellers
- Amitabh Bachchan honoured with Padma Vibhushan
- Long stay Indian visitors, students, professionals to pay for NHS access
- Mahatma Gandhi statue erected in London’s Parliament Square