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Synopsis
Bauer Media, a digital commercial broadcaster and audio operator, completed the acquisition of Communicorp Group, a media holding company. Financial terms were not disclosed. “Communicorp’s award-winning radio stations are reaching record listening highs, and the combination of these highly valued audiences offered alongside fast growing and innovative digital brands means they are well positioned to capitalise on the future development potential of the wider world of audio. This offers more choice for listeners alongside enhanced, targeted solutions for advertisers. We are very much looking forward to working with Communicorp CEO Simon Myciunka and his talented team," Paul Keenan, Bauer Media President.
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