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Tue 2 Aug 2005 04:00 AM

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Gulf news to enter into the radio broadcast market

Owners of Emirates Radio Network and Gulf News have teamed up to a launch a new radio network for the United Arab Emirates.

Owners of Emirates Radio Network and Gulf News have teamed up to a launch a new radio network for the United Arab Emirates. According to the memorandum of understanding signed between the two companies, existing channels such as Radio 1 and Radio 2 will also be revamped and the new channels will be launched over the next two years in a variety of languages.

Some agencies believe that the move is an early sign of consolidation in what has become one of the world’s most fragmented media markets.

Others see the alliance as a counter to Dubai Radio’s Network’s newspaper launch in October this year. DRN has so far been viewed as a market leader with its stable of stations, including English language pop station Dubai 92, talk station Dubai Eye and Arabic offering Sout Al Asala. DRN has been looking to expand its own media interests by launching daily newspapers for the Emirates in both English and Arabic.

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