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By 2000, Arrow FM had been sold to Radio Investments Ltd, which also had interests in nearby stations. This group went on to become [[The Local Radio Company]], which then sold Arrow FM along with sister station [[Sovereign FM]] to Media Sound Holdings in 2009. Bespoke local programming for the area was reduced to the weekday breakfast show, with all other output shared with sister stations [[Bright FM]], [[Sovereign FM]] and [[Splash FM]].
In November 2010, [[Ofcom]] approved a request to share programming across all four stations, stating the changes ''would not substantially alter the character of the service.''<ref>{{cite web
==Programming==
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