Out of the Kingdom, a consolidation kingpin

Out of the Kingdom, a consolidation kingpin

Radio Kerry has proved it can go toe to toe with the big players on home turf – but can it repeat the trick as the new owner of Clare FM?

Once again, a spectre is haunting the media sector – the spectre of consolidation.

Last week saw the purchase of Clare FM and its controlling interest in Tipp FM by the Radio Kerry group. The figure being quoted (€2.67 million) is a long way off the heady offer during the boom (€7.2 million). But that was then and this is now. A lot of money has passed under the radio bridge since the sector was launched 30 years ago.

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