British Invasion Set to Continue

British takeovers of Irish radio stations look set to continue, according to a report in today’s Sunday Times. Scottish Radio Holdings, UTV, and Capital Radio (London) have all entered bids to buy popular Dublin station FM104, which has been on air since 1989. UTV tried to buy the station last year, but BCI rules prevented the sale from going ahead and they instead purchased Lite FM. The paper reveals that a number of venture capital groups are also interested in buying the station.