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Bauer Media Audio said it plans to acquire Communicorp Group, pending regulatory approval.
“Through this transaction Bauer Media Audio enters the Republic of Ireland and extends its audio business to eight countries, further developing its position as Europe’s leading commercial radio operator with more than 55 million weekly listeners,” the organization stated in the announcement.
It said Communicorp is Ireland’s largest commercial radio group with a weekly audience of 1.75 million.
“The group comprises of Ireland’s only two national commercial radio stations Today FM and Newstalk, alongside local stations Spin 1038 and 98FM in Dublin, and Spin Southwest in Limerick, as well as leading digital radio sport station Off The Ball, digital audio exchange audioXI and aggregated listening platform GoLoud.”
Denis O Brien s Communicorp radio company to be sold to UK media group for undisclosed sum
Communicorp – which includes Newstalk, Off The Ball and Today FM – will now be added to the portfolio of Bauer Media
Updated
Pat Kenny
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Denis O Brien s Communicorp – the radio company including Newstalk, Off The Ball and Today FM – has agreed a sale to an international media group for an undisclosed fee.