25-03-2024, 08:48 PM
Sounds like what Altice are doing is what we call Warehousing in the UK. Sell the channel but make revenue from licencing the brand and renting the offices and studio facilities to the new owner.
It's more common in radio over here where Communicorp UK own some Heart, Capital and Smooth stations to comply with local advertising rules, but pay a fee to Global for office, studio and technical support.
It's more common in radio over here where Communicorp UK own some Heart, Capital and Smooth stations to comply with local advertising rules, but pay a fee to Global for office, studio and technical support.