The Music First Network, which got into financial difficulties a year ago and operated Radio 105 among others, had to file for bankruptcy last week (Werbewoche.ch reported). Roger Schawinski was the first to submit a rescue plan. There are now six interested parties for the purchase of the concession and the facilities of Radio 105. In addition to Schawinski, these include the TV station Joiz and Ringier Verlag's Radio Energy.
Ringier already operates the maximum of two stations and can therefore not receive another broadcasting license, writes Radio 1 in the communication. If Energy should receive the definitive award, this would apparently be done with the sole aim of eliminating the competitor Radio 105 from the scene.
Bakom must decide
In the event of a final award to a candidate, the Zurich-Oerlikon bankruptcy office may submit an application to the Federal Office of Communications (OFCOM) on behalf of Music First Network to transfer the license to a new owner. The Federal Department of the Environment, Transport, Energy and Communications (DETEC) will decide whether this will be the case.
This is a precedent in the history of licensed private radio stations, Bakom announced last Friday in response to a request from the SDA news agency. In the case of Radio 105, Bakom supports a "sustainable solution within the framework of a license transfer to an efficient applicant". The goal is to restore the public service as quickly as possible, Bakom spokeswoman Caroline Sauser explained. (SDA)