In 2002 the LMC was awarded a community radio licence to broadcast a new radio station, Resonance FM, in central London. It also produced a magazine, Resonance, and a range of CDs.
The LMC is funded by donations, membership fees and grants. It is supported by Arts Council England and the The PRS Foundation for New Music.
In 2009 the LMC ceased all operations other than being the operator of Resonance FM.