Bauer Media buys Red FM

Bauer Media are the people who bought Communicorp (2021 talked about as being a ‘100 million deal’) so they’re Newstalk, Today FM, 98FM etc owners and now they’ve added RED FM. You can read about that station in the Radio section (and buy spots!) but basically it’s Cork ‘younger’ station versus 96fm. The Irish Times had acquired nearly 18% in the station when it in turn acquired The Examiner Group but the other shareholders (Vienna Group) included Pearse Farrell (well known investor in media).

I think/hope I’m right in saying too, Radio man Dermot Hanrahan whom many will know and love but who was certainly there some years ago. 129,000 listeners, 21% market share, subject to approval, it’s a great move to broaden the Bauer base. Especially these days. Brave.