What
happened to 95.5 FMX?
- February 26, 2003
Many people have been asking what happened to
the Thai radio station 95.5 FMX. It changed
format recently.
...BEC-Tero, a subsidiary of Channel 3 television
operator BEC World Plc, holds a 51% share in
the joint-venture company while the British
group, owned by tycoon Sir Richard Branson,
has 49%...
We wonder which partner in the deal has
more influence.
...Yesterday, Virgin BEC-Tero relaunched two
stations, 95.5 FM Virgin Hitz and Virgin Soft
FM 89. The first station, Virgin Smooth FM105,
made its debut in November.... ``Our competitors
won't like this, but we'll be stealing business
from them,'' said Mr Craissati, adding that
Virgin was a world expert in innovation. Virgin
BEC-Tero also planned to launch its fourth station,
FM 105.5 when the time was appropriate...
So the bottom line is that local stations
are being eaten up by foreign conglomerates
wishing to establish a presence here.
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