Under the reported plans, the revived music station would retain most of its DJs and much of the current playlists. A public consultation into the planned closure of 6 Music is scheduled to run until the end of next month.
A BBC spokesman has however dismissed the idea of rebranding 6 Music as "speculation." The decision to close the station has provoked severe backlash from the presenters and listeners. Even the BBC Trust chairman, Sir Michael Lyons, condemned the idea of dropping 6 Music.
It is understood that running BBC Music, which has a weekly audience of 695,000 listeners, costs the Corporation £6m a year. The BBC has also decided to rebrand Radio 7, which features drama and comedy repeats, as Radio 4 Extra.