TOK FM to change license status from regional to local

The shareholders of TOK FM radio, Agora, Spoldzielnia Wydawcow Polityki, Wydawnictwo Infor and the British investment fund Central European Broadcasting have filed an application with the National Radio and Television Council (KRRiTV) to change the radio station's license status. Shareholders want the station changed from regional to local. "The owners of TOK FM want to rescue the station, which is in very poor financial condition," says Agora's spokesperson Dorota Nowak. The most radical solution proposed would involve TOK FM's resignation from all markets except Warsaw. According experts, this move has the best chance of turning around the station's finances. Under another proposed solution TOK FM would withdraw from markets where it lags in listenership and base its activity in several cities such as Warsaw, Wroclaw or Poznan, where its market share is around 3%. (Puls Biznesu, p. 4) A.Z.