NU 107.5 reportedly shutting down by New Year

http://www.thepoc.net/breaking-news/entertainment/10015-nu-1075-reportedly-shutting-down-by-new-year.html

The alternative music station DWNU 107.5 (or NU107, also called the Home of NU Rock), will reportedly be closing down by the end of the year to make room for more mainstream programming under new management.
Rumors had been circulating since early October that the station’s owner Atom Henares had already sold his shares of the Progressive Broadcast Corporation (the network that operates NU 107.5).
According to the Manila Bulletin, the reported closing was part of the trend noted by industry prognosticators of “high-end, niche-market radio stations” being replaced by stations that cater to a more “mass market audience.”
It was only yesterday that the report was seemingly confirmed by NU107’s Noos Goose jaeDee, who write in the blog Adventures of a Beauty Queen that, “The one and only rock station in town [NU 107] will soon be the Home of NO ROCK!”
“That’s right, I’ve received information from three reliable sources, all part of NU107′s inner circle, that the radio station will finally say goodbye to its rock image and shift to a ‘masa’ pop sound under new management,” she said. “The reason for the image change was reportedly a financial decision on the owners’ part.”
“The transformation won’t be overnight though,” she added. “According to one of my sources, starting this November the NU107 jocks will start slipping in music that will assail the senses any decent rocker.”
“By January 2011, my source claims, the transformation will be complete and so will be the demise of NU107 The Home of New Rock. So I guess this is going to be the News Goose’s last report,” she said. “I’m not too sad though… it’ll take more than just the closure of one rock station to stop Manila’s rock community from moving on!”
NU107 has been playing new wave and rock songs since the 1980’s. It was also instrumental in popularizing local artists and musicians like The Dawn, Identity Crisis, the Eraserheads, Parokya Ni Edgar, P.O.T., Wolfgang, Razorback, Urbandub and others.