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SECTION 1
Index
Section 2

Introduction to the Application

2

List of Advisors

3

Section 3

Membership and Description of the Applicant Group

4

Section 4

Ownership, Control and Staffing of the company which will operate the licence

5

Board of Directors

5

Shareholding Structure

8

Management Structure

13

Staffing Matters

14

Section 5

The Programming Service

18

Programme Schedules

21

Programme Policy Statement

25

Music Policy

27

Presentation Style

33

Section 6

Market Analysis

34

Demand and Potential for the Type of Service Provided

37

Strategies for Achieving Proposed Listenership and Revenue Targets

40

Section 7

Financial and Business Plan

50

Section 8

Transmission Proposal

60

Section 9

Studios and Operation

65

Section 10

Proposed Commencement of Broadcasting

69


 


SECTION 2


INTRODUCTION TO THE APPLICATION

(a) Name of Applicant, Address, Telephone and Fax Numbers

Jazz FM Ltd.,
c/o Niall Fortune,
Rocket Resturaunts,
7 South Anne's St.
Dublin 2.

Phone: 679 7340
Fax: 679 0040

(b) Main Contact (For Public Purposes)

Niamh Kimber
Quest Communications
18 Stephens Lane
Upper Mount Street
Dublin 2

Phone: 676 5091
E-mail: niamh@questcom.iol.ie

(c) Proposed Station Name

The Station will be called JAZZ FM

(d) Brief Description of Programme Service

A unique, entertaining and stimulating mix of jazz, soul, blues, rhythm and blues and related music genres presented with passion, knowledge, warmth and intelligence.

(e) List of Advisers

MEDIA CONSULTANTS

Graham Taylor
GT Media Ltd.,
Castle House,
Main Street,
Rathfarnham,
Co. Dublin

PUBLIC RELATIONS

Niamh Kimber
Quest Communications
18 Stephens Lane
Upper Mount Street
Dublin 2

AUDITORS

BDO Simpson Xavier
Simpson Xavier Court
Merchants Quay
Dublin 8

BANKERS

Allied Irish Banks
219 Crumlin Road
Dublin 12

SOLICITORS

T.P. Robinson & Co.
94 Merrion Square West
Dublin 2

TECHNICAL CONSULTANTS

Broadcast Technical Services
Unit 9, Bluebell Business Park
Old Nass Road,
Dublin 12

RADIO CONSULTANTS

jazzfm plc.
26-27 Castlereagh Street,
London W1H 6DJ
England

MARKET RESEARCH

Catalyst Marketing Communications Ltd.,
33 Pearse Street,
Dublin 2

ARCHITECT

Kevin Brady
1 Mount Street Crescent,
Dublin 2.

 

 


SECTION 3


MEMBERSHIP AND DESCRIPTION OF THE APPLICANT GROUP

(a) All of the members of the applicant group should be identified and a brief description of their background and experience given.

The shareholders of Jazz FM will be:

Mr Niall Fortune is Managing Director and 100% shareholder of Eddie Rockets Restaurants with 20 restaurants both in Ireland and abroad with a group turnover of approx £15 million.
Mr. Jack McGouran is the Programme Director of the Cork Jazz Festival, a position he has held for the past 20 years.
Mr. Oliver Dowling is a broadcaster and promoter with a deep knowledge of Jazz and related genres.
Mairead Sorensen is a Director of Butlers Irish Confectionery Ltd., and has worked in radio in America with WLRN in Miami.
Mr. Liam O'Dwyer is the CEO of Capital Bars plc, one of Irelands leading leisure companies.
Mr. Brendan Cronin is a broadcaster and writer and has been involved in radio at all levels for the past 10 years.
jazzfm plc are a broadcasting group in the UK who are fully quoted on the London stock exchange with a market capitalisation of ST£30 million.

(b) Please indicate when the group was formed, its current legal status and financial standing and any other information of relevance to the licence application.

The group has come together over the past few months due to the inclusion in the submission for a special interest licence of Jazz, Rhythm and Blues, and Soul. These are forms of music that the applicant group are passionate about and in which they have long standing experience. Brendan Cronin couples his interest in music with a long career in radio, Jack McGouran has been organising music events such as the Cork Jazz Festival for more than 20 years. Oliver Dowling's passion for the music is undeniable and one of the many outlets for his passion is his organisation of Monday night events in The Kitchen, Dublin. All of this is coupled with the experience and resources of jazzfm in the UK which, with its two stations, has 891,000 listeners per week (source RAJAR Q3, 2000).

Jazz FM is a limited company. The company has been in existence since April 1999 but has not traded to date.


SECTION 4


OWNERSHIP, CONTROL AND STAFFING OF COMPANY WHICH WILL OPERATE THE LICENCE

(a) Board of Directors

i) The name, address, age, nationality, occupation, other directorships, other media interests, background and relevant media experience of each Director, including the proposed Chairperson, should be stated.

Title: Chairman
Name: Sean Henneberry
Address: 18 Princeton, Ardilea, Clonskeagh, Dublin 14.
Age: 60
Nationality: Irish
Occupation: Company Director
Other Directorships: Managing Director ­ Management Techniques Ltd.
Chairman ­ Ryan Hotels plc; Qualceram Shirel plc.
Qualification: Fellow of the Institute of Chartered Accountants

Title: Board Member
Name: Niall Fortune
Address: Alderley Lodge, Upper Glenageary Road, Glenageary, Co Dublin.
Age: 44
Nationality: Irish
Occupation: Company Director
Other Directorships: Managing Director ­ Rocket Restaurants.

Title: Board member
Name: Liam O'Dwyer
Address: Millennium Tower, 32 Charlotte Quay, Ringsend, Dublin 4.
Age: 50
Nationality: Irish
Occupation: Company Director
Other Directorships: CEO ­ Capital Bars plc.
O'Dwyer Leisure Holdings Ltd.
Toji Holdings..

Title: Board Member
Name: Richard Wheatly
Address: 56 Holland Park, London W11 3RS.
Age: 53
Nationality: British
Occupation: Company director
Other Directorships: City Arts Trust
Candid Arts Trust
Medi@Invest plc
Other Media Experience: Chief executive jazzfm plc
Chief executive, jazzfm North West Ltd
Chief executive, London Jazz Radio Ltd

Title: Board Member
Name: Jack McGouran
Address: 44,The Palms, Roebuck Road, Dublin 14
Age: 58
Nationality: Irish
Occupation: Marketing Consultant
Other Directorships: ECA (Ireland) Ltd.

Title: Board Member
Name: Brendan Cronin
Address: 32 Lavarna Grove, Terenure, Dublin 6W.
Age: 40
Nationality: Irish
Occupation: Broadcaster and Journalist
Other Directorships: None
Other Media Experience: Programme Manager of Anna Livia FM, has been Weekend Producer with Radio Ireland/Today FM, has worked for many broadcast organisations and publications.

Title: Board Member
Name: Mairead Sorensen
Address: 37 Lad Lane, Dublin 2.
Age: 45
Nationality: Irish
Occupation: Company director
Other Directorships: Butlers Irish Confectionary, Butler Technology Ltd, Chez Nous Ltd, The Irish Chocolate Company Ltd.
Other Media Experience: Holds a broadcasting licence in the USA and worked for WLRN in Miami, Florida.

ii) If there are any firm plans to appoint further directors, provide information (with details of any specific individuals in mind).

There are no further plans to appoint any more directors, but we will review this situation regularly in light of business needs.

(a)    Proposed Shareholding Structure

Full details of the proposed shareholding structure should be provided in this section, including:

i) Names and addresses of existing or proposed shareholders, including information on other business and media interests and recent financial history.


Name: Niall Fortune
Address: Alderley Lodge, Upper Glenageary Road, Glenageary, Co Dublin.
Occupation: Company Director
Other Directorships: Managing Director ­ Rocket Restaurants.

Name: Oliver Dowling
Address: 58B Dorset Street, Dublin 1
Occupation: Broadcaster and Music Promoter
Other Directorships: None.

Name: Liam O'Dwyer
Address: Millennium Tower, 32 Charlotte Quay, Ringsend, Dublin 4.
Occupation: Company Director
Other Directorships: CEO ­ Capital Bars plc.
O'Dwyer Leisure Holdings Ltd.
Toji Holdings

Name: jazzfm plc
Address: 26-27 Castlereagh Street, London W1H 6DJ.

Name: Jack McGouran
Address: 44,The Palms, Roebuck Road, Dublin 14
Occupation: Marketing Consultant
Other Directorships: ECA (Ireland) Ltd.
Other Media Interests: He has worked extensively in the Dublin advertising industry and is a former media buyer for Arks Advertising and Advertisement Development Manager of The Irish Times.

Name: Brendan Cronin
Address: 32 Lavarna Grove, Terenure, Dublin 6W.
Occupation: Broadcaster and Journalist
Other Directorships: None
Other Media Interests: Programme Manager of Anna Livia FM.

ii) Total number, class/classes of shares and issue price of shares (specify voting, non-voting preference, other etc.).

Share capital will be one million ordinary shares at £1 each
There will be no non-voting shares.

Shares will be issued as follows

Niall Fortune 270,000 shares
jazzfm plc 270,000 shares
Liam O'Dwyer 200,000 shares
Jack McGouran 100,000 shares
Oliver Dowling 50,000 shares
Brendan Cronin 30,000 shares
Unallocated 80,000 shares

The unallocated shares are reserved for other board members and members of staff. The company may introduce a share capital scheme for key executives.

All shares are beneficially owned.

iii) All voting shareholders and holders of 5% or more of non-voting shares and loan stock should be named; where those holdings are in the names of trustees or nominees, the beneficial owners should be named. State the number, class/classes and price of shares to be issued to each investor.

All shares at ii) above are beneficially held. There are no non-voting shares or loan stock. It is intended that shares will be issued at par.

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