The station was founded by Douglas and June Anderson as part of The Petros Radio Group who launched Discovery AM in 1994 and Radio Waves in 1995, then decided to go for the full scale local licence with the help of their neighbour George Mackintosh (who started Radio Tay in 1980) along with a consortium who also founded Kingdom FM in Fife with the assistance of IRG (The Independent Radio Group)
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When the station first launched it was called Discovery 102, since Dundee is known as the City of Discovery after the RRS Discovery, which is docked there.
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One such Dundee specific tribute is where one of the in-game radio stations in Grand Theft Auto: Vice City was named Wave 103.
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The Wave 102 brand was born when The Discovery Channel forced it to change the name, claiming that people would mistakenly associate it with the network.
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