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

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.

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