<P> On 11 February 2008, the previous owner GCap Media (now Global Radio), announced that the station would close by 31 March 2008, along with sister station theJazz, unless a buyer was found . According to a statement by former presenter Fish, this was not due to the profitability of Planet Rock itself, which had been reported to be good, but rather to GCap's overall financial state . The station's relative popularity on digital radio brought controversy to the closure threat . Although theJazz ceased broadcasting on schedule, a campaign by listeners meant that a number of buyers expressed interest in Planet Rock, including a consortium publicly headed by Queen guitarist Brian May . </P> <P> On 4 June 2008, was sold to a consortium led by Malcolm Bluemel and supported by Tony Iommi, Ian Anderson, Gary Moore, and Fish . There was no break in transmission and the programming remained unchanged . </P> <P> On 25 September 2012, it was reported that Malcolm Bluemel was looking for a buyer for the station . </P> <P> On 6 February 2013, the station was sold to Bauer Media for a deal worth between £ 1 million and £ 2 million . </P>

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