Complex sentence: KCR 106.7 was originally launched by Steve Dickson and Ray Ferguson, with financial backing of Chrysalis, but having proved financially unsuccessful under Feruson's managment, it was sold to the The Local Radio Company (TLRC) who embarked upon a rebranding and relaunch.
Split into simpler sentences: KCR 106.7 was originally launched by Steve Dickson and Ray Ferguson, with financial backing of Chrysalis. It was sold to the The Local Radio Company (TLRC) who embarked upon a rebranding and relaunch.