St Helena : Future Media Services on St Helena
Submitted by Saint Helena Herald (Public Relations Information Office) 10.07.2011 (Article Archived on 24.07.2011)
SHG is planning to set up a new, community owned company, to provide improved media services on St Helena.
FUTURE MEDIA SERVICES ON ST HELENA
SHG is planning to set up a new, community owned company, to provide improved media services on St Helena. This “not for profit” company will provide three radio stations, all on the FM Band, and a newspaper. The first radio station will focus on popular and country music with news summaries; the second station will maintain the Radio St Helena brand; and the third station will be dedicated to the BBC World Service. The new Company will be fully independent of Government and the current St Helena News Media Services organisation will be wound up.
Following an expression of interest from Mr Mike Olsson to sell off Saint FM and the Independent Newspaper, SHG had begun negotiations with him for the acquisition of both the radio station and the newspaper.
An opening offer was presented to Mr Olsson for the purchase of Saint FM and the Independent, but unfortunately Mr Olsson has advised that he wishes to withdraw from any further negotiations.
SHG still intends to press ahead with its plans to facilitate the setting up of the new community owned company and it is also hoped that a way can be found to recommence negotiations with Mr Olsson with a view to reaching an agreement that is satisfactory to both parties.
7 July 2011