Nigel Reeve departs London News Radio after reorganisation

Nigel Reeve, the managing director of London News Radio, has quit his post following swingeing changes in the management of the operation.

Nigel Reeve, the managing director of London News Radio, has quit

his post following swingeing changes in the management of the

operation.



The devolution earlier this summer of programming to ITN and sales to

GWR’s Opus - both significant shareholders in LNR - radically diminished

Reeve’s responsibilities. He resigned to the board on Monday.



’With programming now at ITN and sales at Opus, I feel that I have taken

the company as far as I can,’ he said.



Reeve is thought to be in negotiations with financial backers with a

view to launching a new company and creating his own portfolio of radio

stations. The company is likely to bid for new licences and create its

own sales operation. Reeve would not comment on the speculation.



Reeve has a long history in radio, and joined LNR from Classic FM, where

he was the station’s first sales director. Before that, he was the

managing director of Kent’s Invicta, which he quit to set up a radio

sales consultancy.



He added: ’I have been at LNR for three years, during which time the

company has moved from making major losses to approaching break-even

last year. The changes will be a huge boost for the company, but it is

time for me to move on.’



As part of the changes at LNR, new heavyweight presenters will be

brought in to give its programming a higher profile. Its other station,

News Direct, will benefit from ITN’s sole input, and ITN itself will

use News Direct’s facilities for its planned 24-hour news channel,

rivalling BBC’s News 24.



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