Capital is the UK's first national commercial hit music radio station, reaching 7.1 million people weekly with a target audience of 14-34 year olds. It is owned by This is Global Limited. Wave 105 is a regional commercial radio station broadcasting to parts of southern England, playing adult contemporary music along with local news and information. It is part of the Bauer City Network and produces almost all of its own content locally. Wave 105 reported its highest ever listening figures in December 2013 of 438,000 people tuning in weekly for 10.3 hours on average, totaling 4,520,000 listening hours.