Yesterday I wrote that Melbourne Talk Radio’s (MTR) future was not bright and that its problems were likely terminal.
Today the life-support was turned off for the fledging station as the voices of MTR fell silence across the 1377AM frequency in Melbourne, replaced with easy listening station MyMP, according to the Herald Sun.
The station spearheaded by presenters Steve Price and Steve Vizard, was today placed in administration by its owners, Macquarie Radio Network (MRN) and Pacific Star Network (PNW). The station went silent at around 5PM.
In an announcement to the ASX, MRN said:
“The Directors of the joint venture company Melbourne Radio Operations Pty Limited (MTR), owned by Macquarie Radio Network Ltd (MRN) and Pacific Star Network Ltd (PSN), have today appointed administrators.”
The website has been deactivated with only the MTR logo and a phone number showing on the home page. Meanwhile attempting to stream the station over MTR’s official iPhone App or through apps such as ‘Tune in Radio‘ fail.
As more news breaks in this developing story follow @frostglobal on Twitter for all the latest.
Sources