Goldbeat was an AM radio station broadcasting on 828 kHz in Cookstown, Northern Ireland.
Both AM licences were handed back to the then UK regulator The Radio Authority (now Ofcom).
At the time only one other radio licence in the UK had ever been handed back to the regulator.
Belfast CityBeat launched Mid FM from the same premises previously occupied by Townland Radio/Goldbeat at Park Avenue, Cookstown in County Tyrone.
In 2006 Belfast Citybeat sold their majority stake in Mid FM to Northern Media, owners of 7FM in Ballymena.