In 2004, The Government agreed to allow the new radio regulator Ofcom to issue full-time radio licences. Takeover Radio were successful in applying for one of these, called a "Community Radio License". This was a true indication of the importance a government backed agency gives to the vision of Children's radio in the UK. The license was extended for another 5 years in 2010, meaning that Takeover Radio will be on air in Leicester until at least 31 December 2015 – almost 14 years after first broadcasting full-time.