Bauer Media, the new German-based owner of the group of radio stations formerly known as Communicorp, is undertaking a radical simplification of the business’s corporate structure. Under former owner Denis O’Brien, each business unit, from radio stations to advertising saleshouses, was housed in a separate company. On the scale of pan-European group Bauer, which has over €2 billion in annual revenue, all Irish operation is just one business unit. To reflect this, ten companies are now merging into one. The resulting structure will comprise just two entities – a holding company, Bauer Media Audio Ireland, to connect the Irish business…

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