Singapore, 12 December 2013 – SPH Multimedia Pte Ltd (SPHMM) announced today that it has acquired NTUC Media’s 7.1 per cent stake in SPH UnionWorks Pte Ltd.
With this acquisition, SPH UnionWorks becomes a fully-owned subsidiary of SPHMM, which previously held 92.9 per cent stake in SPH UnionWorks.
This deal came after NTUC Media, a co-operative of the National Trades Union Congress (NTUC), announced that it will shut down by the end of the year and will be selling its stake in SPH UnionWorks.
SPH UnionWorks manages and operates three radio stations - HOT FM91.3, UFM 100.3 and Kiss92. The latest Nielsen radio survey results released on 28 Nov 2013 saw Kiss92 emerge as Singapore's No. 1 English music station. HOT FM91.3 retained its number 1 English hit music station position and UFM100.3 maintained its number 4 spot among the other Chinese radio stations.
Mr Alan Chan, Chief Executive Officer of SPH, said: “With this transaction, we will continue to invest in our radio operations. We are pleased with the recent listenership figures in the Nielsen radio surveys. Our new station, Kiss 92, is now No.1 among English stations in terms of share and times spent listening. Our radio platform is also an important part of our multi-platform offering for advertisers."
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About SPH UnionWorks Pte Ltd
SPH UnionWorks Pte Ltd is a joint venture between SPH Multimedia and NTUC Media. SPH UnionWorks manages and operates three radio stations, HOT FM91.3, UFM 100.3 and Kiss92.
HOT FM91.3, an English Contemporary Hit Radio (CHR) music station playing new and current top 40 hits targeting listeners under 30, is Singapore's number one Hit music station with a listenership of 333,000 based on the latest Neilsen Radio Dairy Survey 2013 Wave 2.
Programs and promotions are injected with loads of fun and quirkiness with a key focus on engagement and the listener’s experience. Hot FM91.3 has become well known for identifying and playing hits before they are hits. Listeners are given control over the playlist through Hot FM91.3’s online feedback platform called “Rate The Hits” which allows listeners to directly influence which songs they want to hear and how often. HOT FM91.3 also introduced ‘HOTFM CONTROL’ in which fans are given access to an entire database of songs that the station plays. Fans will be able to determine the next track that they want to hear in real-time with their votes and the winning song will be played on air immediately.
With the introduction of HOTFM CONTROL, a fan’s preference makes up the music selection of the station’s weekly playlist.
The station is also focused on engagement with its listeners through on-ground events such as its signature “Must Drink ” held on the last Friday of the month with free flow of drinks and interaction with their favourite DJs. Hot FM also engages its listeners on the street with car decal giveaways and live broadcast, in school with Recess Express school visits, online with Facebook and the station website, and on Mobile with Hot FM’s iPhone & Android apps.
The HOT FM91.3 line-up includesThe Shan & Cheryl Show in the mornings from . JJ plays non-stop hits from followed by BT, Adam and Josh taking you home from . Charmaine Yee of the HOT 30 Countdown rounds up the day with the daily fan rated chart show.
Singapore's fastest growing station, Kiss92, launched on 3 September 2012 targets women and families. The station is now number one in share(%) and time spent listening amongst English radio stations, following the latest Neilsen Radio Dairy Survey 2013 Wave 2 results. Kiss92's listenership stands at 485,000.
The station offers adult contemporary music and provides in-depth women and family content with experts sharing their knowledge on topics such as Relationships and Family Matters, Health and Wellness issues.
Maddy, Jason and Arnold in the morning start the day from followed by Claressa Monteiro jazzing up the afternoon from . Desiree Lai from and John Klass taking fans home helming the show.
UFM 100.3 is a highly-charged Mandarin infotainment station targeting at working professionals aged between 35 – 49 years that is specially catered to their lifestyle. Its creative, lively and engaging delivery style is able to consistently hook listeners on for a far longer period of listening. Program content is designed to cater specifically for the busy individuals with timely updates and discussion on current affairs, health and wellness, financial planning, property investment, communication, lifestyle, music and entertainment. UFM100.3's listenership is 266,000 based on the latest Neilsen Radio Dairy Survey 2013 Wave 2 results.
The station’s drive-time programmes are anchored by veteran DJs Wenhong, Limei and Xiaozhu in the morning, and DJ Anna in the evening. Lunch time programme is helmed by Yuling from followed by Liangquan from .
The station actively engages its listeners through various interactive events such as dinner gatherings and enrichment workshops. To further strengthen loyalty, DJs also reaches out to the public through its outdoor activations, conducting games and giveaway prizes while introducing the station to new potential listeners. UFM 100.3 also supports various community, non-profit and charity organizations with its annual U-Shine program that raises public awareness of lesser known causes and charities.
About Singapore Press Holdings
Main board-listed Singapore Press Holdings Ltd (SPH) is Southeast Asia's leading media organisation, engaging minds and enriching lives across multiple languages and platforms. It publishes 18 newspaper titles in four languages and over 100 magazine titles in Singapore and the region. On an average day, – 2.92 million individuals or 74 percent of people above 15 years old, read one of SPH’s news publications. SPH’s internet editions of its major newspapers enjoy over 270 million page views with 18 million unique visitors each month. Other new media initiatives include AsiaOne, omy.sg, ST701, Stomp and The Straits Times RazorTV. SPH has also ventured into book publishing, broadcasting, out-of-home advertising and properties. For more information, please visit www.sph.com.sg