Commercial radio is a radio station owned by a commercial entity for profit. It operates through selling advertising time and radio commercials to cover business expenses and make money. Some of the largest national commercial radio stations in the UK are Absolute Radio, which plays popular rock music, Classic FM, which was the first national commercial station broadcasting in 1992, and Talk Sport, which has various sports channels. At the local level, some of the most popular commercial stations in London are Magic 105.4, Capital 95.8, and Heart 106.2. Major companies that own commercial radio stations and networks include NBC in America, the Daily Mail and General Trust which owns newspapers, radio, websites and insurance, and News Corporation which has interests in cable