A group of Tipperary and Clare investors have taken a controlling interest in Tipp FM, buying shares from Irish Press.
The deal is subject to the approval of the Competition Authority, but the station says it is seen as a “natural progression from last year’s strategic cost-saving alliance between Clare FM and Tipp FM.”
Cloughjordan native Liam O Shea, Managing Director and CEO of both stations is heading up the new grouping. Current Chairman of Co. Tipperary Radio, Michael Crowley says the move is a vote of confidence in Tipp FM.
Tipp FM was licensed in 1989 by the Broadcasting Commission of Ireland and went on-air in 1991 covering only the north/south-east of County Tipperary but extended to the whole of the county in 2003 using seven transmitters.