Rescue bid for troubled Quaywest radio stations

A BRIDGWATER company has stepped in with a rescue bid for troubled West Somerset commercial radio station Quaywest 102.4 FM and its sister station in Bridgwater, Quaywest 107.4 FM.
Dave Englefield (pictured), one of the founders of the Bridgwater station when it was previously known as BCR FM, has set up Bridgwater Broadcasting Services Ltd (BBS), of which he is a director, to take on temporary responsibility for running the two Quaywest brands.
It follows an application to the High Court by Quaywest parent company, financially-crippled Laser Broadcasting, to be placed into administration.
The Laser application, due to be heard in Leeds on October 24, pre-empted an application by a creditor to have the company wound-up.
Mr Englefield, the Quaywest station director, said: “We are thrilled and delighted to be able to bring the stations back into local hands.
“The radio stations are extremely important to the people of West Somerset and Sedgemoor, and an integral part of the community.
“We have an important role to play for our listeners and the local businesses, who have shown us a huge amount of support and loyalty, which, in turn, gives us a fantastic platform to build on.”
BBS has aligned itself with local media and marketing company Southwest Media Consulting in its bid to help save Quaywest and to ensure that the stations remained locally owned.
Mr Englefield said: “This is going to be a testing, but exciting time for us all.
“Both stations were born in Somerset and we intend to make sure they both continue to thrive and grow.
“We owe it to the public and their continued support to keep their own radio stations on air, and in local hands.
“We are looking forward to the challenge, and will be working hard with the staff to ensure we keep the stations running successfully.”
BBS is expected to keep the West Somerset and the Bridgwater Quaywest stations running while administrators deal with the winding-up of Laser’s affairs.
The Watchet station recently celebrated its 10th birthday, while the Bridgwater one has been on air since 2001.
They were originally independently owned before being sold to Watchet-based Choice Media, and then to Laser Broadcasting in 2006.
More information about the BBS rescue bid is available from Darren Horne or Lawrence Hebron at Southwest Media Consulting by calling 01278 434 231.

Eviction threat for Quaywest over two years of unpaid rent

WEST Somerset radio station Quaywest 102.4 FM could be evicted from its harbourside studios in Watchet for failing to pay rent on the building.
The station, owned by Darlington-based Laser Broadcasting, has not paid its landlord, West Somerset Council, for the past two years.
The rent was fixed at a nominal £50 a week by the council while the station’s East Wharf location was to be redeveloped, with Quaywest assured of being re-homed once the new development was completed.
But Laser has not paid the council since 2006 and now the authority is taking legal action to recover the money which could end with Quaywest’s eviction.
In addition, the radio station is understood to be in arrears with its business rates, while staff are said not to have been paid since July, and its internet presence has been on and off at different times.
The Post reported in April how Quaywest was battling for its future in the face of financial troubles which were afflicting Laser, although the company strongly denied at the time that it was in trouble.
Council corporate information officer Tom Bown said: “Quaywest has not paid the council any rent since 2006, despite efforts to get them to do so and assurances by the station that it would.
“We feel it is not fair this company is expanding on a national level at the expense of the local taxpayers in West Somerset.
“With regret, we have been left no option other than to take legal action.”
Laser Broadcasting owns eight other stations around the country, including a sister Quaywest station in Bridgwater, formerly called BCR FM.
The others are Bath FM, Brunel FM, three Sunshine-branded stations in Ludlow, Hereford and Worcester, and Hereford/Monmouth, Fresh Radio, in the Yorkshire Dales, and 3TR, based in Warminster.
One of the founders of Laser in 2002 was Nigel Reeve, who was the launch sales and marketing director of Classic FM.
Nobody from Laser was available for comment.