Kennet Radio is set to benefit from a package of changes to community radio funding rules announced today by the government.
The changes will help Kennet Radio to thrive and continue to provide a valued radio service to their local communities.
Kennet Radio is already broadcasting via the internet from its studio in Broadway House in Newbury, and hopes to win a licence from Ofcom to broadcast on FM later this year.
The current rules mean that Kennet Radio will not be allowed to generate any income from on-air advertising and sponsorship when it wins its FM broadcast licence.
Under the planned changes, Kennet Radio, along with all community radio stations, will be permitted to raise at least £15,000 in income from commercial sources before any limits kick in.
Ed Vaizey, Minister for the Digital Economy, said:
“Community radio stations are at the heart of the localities they serve. They provide an important relevant service alongside the BBC and commercial radio. These changes will make sure that community radio stations can raise the funding they need to remain viable and can continue to provide a valuable community focused service.”
Welcoming the news Julian Swift Hook, chairman of Kennet Community Radio, said:
“This exciting news will make a huge difference to Kennet Radio and how we move forward. Funding will always be a challenge for us, but these rule changes will make it easier for us to ensure the long-term sustainability of the station and our ability to provide a truly local community radio service to Newbury and Thatcham.”
The government’s press announcement from DCMS is here: http://www.gov.uk/government/news/government-announces-boost-for-community-radio-stations
Kennet Radio is a “not for profit” organisation providing a community radio service to Newbury, Thatcham and the surrounding community. It is funded by donations and sponsorship and is run entirely by volunteers.
If you are interested in volunteering with Kennet Radio, either in front of the microphone or behind it, please click on “get involved“.