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Three decades on from the 'gold rush' of commercial radio, Denis O'Brien is cashing in his chips


Commercial Radio was the ‘gold rush’ of the late 1980s, and everyone and anyone wanted a piece of the action. There were rock stars, impresarios, lawyers, sportsmen, public relations gurus, stockbrokers and socialites, all prospecting for a licence to print money.
These licences, awarded by the Independent Radio & Television Commission (IRTC), were cheap and they held the promise of easy money for the influential, the fortune and the favoured. The reality turned out to be a little different. The road to radio riches was eventually littered with casualties, but only after the initial euphoria had worn off.
The way it worked was that the ‘movers and shakers’ formed themselves into competing groups, appeared before hearings in the National Concert Hall in Dublin and eventually the licences were doled out. If you weren’t involved you weren’t really a player in the Dublin financial/entertainment scene of the time. ....

City Of , United Kingdom , Dickie Rock , Liz Howard , Jim Aiken , Brian Davy , Desmond Guinness , Noel Pearson , Laurence Crowley , Jim Stafford , Tray Burke , Terry Wogan , Ivor Fitzpatrick , Frank Cullen , Ceoltas Ceolt , Chris Carey , Ann Smurfit , Paul Mcguinness , Michael Smurfit Jr , Eamonn Doherty , Brendan Okelly , Eamon Dunphy , Charlie Haughey , Seamus Henchy , Louis Walsh , Paul Meagher ,