O’Brien radio losses treble

PRE-TAX losses at commercial radio giant Communicorp increased more than threefold last year to €5.2 million.

The Denis O’Brien-owned media group sustained the losses after revenues at the group declined by 23% from €85m to €64.9m to the end of December last.

National radio stations, Today FM and Newstalk are just two of the stations that the group operates and it is the number one commercial radio station operator in Ireland and three of other eight countries it which it operates.