Last week there were some more audio acquisitions with Sony Music grabbing audio production company Somethin’ Else and Bauer adding the few Imagine stations to their portfolio.
On the radio consolidation front there isn’t a lot left to buy up. The majority of UK FM licences are owned by Bauer and Global, with the other two last remaining groups heavily aligned to one, or the other. Bauer provide advertising and services to the Nation Radio stations and Communicorp (other than a single station in Manchester) operate stations under brand licence from Global. In effect, both of these groups operate the local radio bit (local ads and programming) and everything else comes from their partner.