Glenn Wheatley’s EON Broadcasting adds 2CH to network after forced Macquarie Media sale

Tim Burrowes

December 19, 2016 7:18

The Glenn Wheatley linked radio group EON Broadcasting is to gain a foothold in Australia’s biggest media market after agreeing to buy Sydney radio station 2CH.

magic-2ch

Macquarie Media was forced to sell the easy listening station under media ownership rules limiting ownership to two stations per market after the company brought together talk stations 2GB and 2UE in a merger with Fairfax Radio Network.

2CH will be sold to EON for $5.56m, with the deal due to be completed on January 16.

EON Broadcasting is 85% owned by Oceania Capital Partners, with the rest owned by Wheatley and GM John Williams.

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EON also owns radio stations 91.9 Sea FM and 92.7 Mix FM on the Sunshine Coast. These stations were picked up at similar bargain prices when Austereo and Southern Cross networks merged five years ago.

Wheatley, best known as John Farnham’s manager also founded Melbourne’s EON FM in the 1980s which is now part of Southern Cross Austereo’s Triple M network. In 2007 he was jailed for tax evasion.

Tim Burrowes

Tim Burrowes is the publisher of Mumbrella and Unmade. He co-founded Mumbrella in 2008 and sister title Unmade in 2021. He's worked in the UK, Middle East, Asia & Australia and has specialised in writing about the communications world for the last 25 years. He wrote the book Media Unmade, published in 2021, and became the presenter of MediaLand on ABC Radio National in 2025.

Topics

2CH EON Broadcasting Glenn Wheatley Macquarie Media radio

1 COMMENTS

June Howcroft 27 Dec 19

Good morning from a rather confused listener.I have been listening to 2ch for over 60 years and mostly enjoy it however the announcers are like revolving doors,so many changes. Two of the best in recent years have been Gareth McCrae and Tim Webster.Both have excellent voice delivery.Sorry to see Trevor India going they tried very hard.The secret to staying at 2ch is not to go on holidays as chances are you will not come back on air.

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