Bauer Media Audio completes Communicorp Group acquisition

Bauer Media Group and Communicorp acquisition completed
Author: Nigel GouldPublished 1st Jun 2021
Last updated 1st Jun 2021

Bauer Media Audio which owns Downtown Radio, Cool FM and Downtown Country today (Tuesday) announced the completion of its acquisition of Communicorp Group in the Republic of Ireland.

This deal expands its growing position as Europe’s leading commercial radio operator to more than 57 million weekly listeners across eight countries.

Communicorp, Ireland’s largest commercial radio group with a market-leading portfolio, has a weekly audience of more than 1.75 million and plays a vital role in providing news, music, entertainment, and sport.

NEWSTALK

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.

TODAY FM

Paul Keenan, President of Bauer Media Audio said, “Bauer Media Audio is excited to be entering the Republic of Ireland through the acquisition of such a premium business, with its market leading and trusted brands. Its talented teams have built a strong reputation for high quality news, entertainment, music and sport, and from this solid foundation we are passionate about the world of radio and look forward to further exploring the audio universe”.

SPIN