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Between 1996 and 1999 the group was a major shareholder in London News Radio, which owned and operated London's LBC and News Direct radio stations.

GWR is owned by Daily Mail and General Trust plc (majority share), various asset management firms, Sir Peter Michael and other small shareholders.

The group revolutionized local radio with its policy of branding its stations with a recognizable set of phrases, with the phrase "today's better music mix" replacing the name of the station on most shows. In this way, they are able to have a single show syndicated to each of the local stations in their 'Music Radio' group, with only the advertisements changing between stations. Today, almost all of the shows are mirrored across the local stations that they own, with the notable exception of the breakfast shows that are still presented locally.

1 Stations owned by the GWR Group

• Classic FM (national)

• 2CR FM
• 2-Ten FM
• Beacon FM
• Broadland 102
• Buzz 97.1
• Champion FM 103
• 96.9 Chiltern FM
• 97.6 Chiltern FM
• Coast FM
• Essex FM
• Gemini FMGemini FM Air Date January 1 1995 Frequency 96. 0 MHz Broadcast Area Exeter & Torbay Style Contemporary Group GWR Group Gemini FM is a FM radio station broadcasting to Exeter and Torbay in Devon, United Kingdom. It is part of the GWR Network. Gemini Devon
• GWR FM (Bristol & Bath)GWR FM (Bristol & Bath) Air Date October 27 1981 Frequency 103. 3 MHz, and on the Now Bristol DAB multiplex Broadcast Area Bristol & Bath Style Contemporary Group GWR Group GWR FM or Great Western Radio is a British comercial radio station in Bristol, Bat
• GWR FM (Swindon)GWR FM (Swindon) Air Date October 12 1982 Frequency 102. 2 MHz Broadcast Area Swindon & West Wiltshire Style Contemporary Group GWR Group See also GWR FM (Bristol & Bath) GWR.
• Hereward FM7 Hereward FM Air Date July 10 1980 Frequency 102. 7 MHz Broadcast Area Peterborough Style Contemporary Group GWR Group Hereward.
• FM 103 HorizonFM 103 Horizon Air Date October 15 1989 Frequency 103. 3 MHz Broadcast Area Milton Keynes Style Contemporary Group GWR Group Horizon.
• Lantern FMLantern FM Air Date October 19 1992 Frequency 96. 2 MHz (North Devon), 97. 3 MHz (Ilfracombe) Broadcast Area North Devon and Torridge Style Contemporary Group GWR Group Lantern FM is the Independent Local Radio station for the North Devon area. External l
• Leicester SoundLeicester Sound Air Date September 7 1984 Frequency 105. 4 MHz Broadcast Area Leicester Style Contemporary Group GWR Group Leicester.
• Mercia FMMercia FM Air Date May 23 1980 Frequency 97. 9 MHz Broadcast Area Coventry Style Contemporary Group GWR Group Mercia.
• Mercury 96.6
• Mercury FM
• MFM 103.4
• Orchard FM
• Plymouth Sound FM
• Q103 FM
• RAM FM
• Severn Sound
• SGR-FM
• South Hams Radio
• Ten 17
• Trent FM
• Wyvern FM

In addition the group owns Digital One , The Storm , The Mix , Planet Rock and the Now Digital chain of stations, all on digital radio.