Independent Broadcasting Corporation

The Independent Broadcasting Corporation (IBC), formerly Inter-Regional Broadcasting Corporation is a Flarlandian media group founded in 1932.

IBC is listed on the Wembley Stock Exchange and is a constituent of the WSE 100 Index.

The Inter-Regional Broadcasting Corporation, as it was known until 1989, was set up in 1930 - two years before it started radio broadcasts - partly for the provision of commercial radio services under government supervision. There were two stations to be set up under the initial plans, one in Wembley and one in Davenport in the north west. These two stations were set up at both the start and end point of an Flarlandian Railways rail line.

IBC was set up in February 1932; the first broadcast on the Wembley station was at 6:30am on October 6, the Davenport station would follow at 6:50am. Given the considerable difference between the two cities, IBC wasn't a network, but was legally allowed to own the two stations and share resources and talent. It wasn't until 1933 when they started issuing radio licenses for other regions.

Abandonment of regional structure[edit | edit source]

Flarland was starting to adopt a new economical structure in the mid-1980s, with the rise of centralized capitalism (often in Wembley) ruining small economies. IBC, in order to survive in a growing capitalist media industry, had to get rid of the outdated "corporate co-operation" structure. Hearings were first heard in May 1985 after reports of numerous bankruptcies of co-operative societies in Flarland.