Classic Hits 4FM owner due in the High Court

A petition to wind up Classic Hits 4FM’s owner Choice Broadcasting has been lodged by the Tax Collector General of the Revenue Commissioners over an unpaid tax bill.

The hearing is expected to be heard by the High Court on January 26th unless the debt can be settled beforehand.

Speaking to the Irish Independent, one company director says that he expects the outstanding tax debt to be cleared and the matter to be resolved before the court date as Bay Broadcasting are to invest €1.5m in 4FM.

Bay Broadcasting was founded in 2007 and is one of the founding shareholders in Radio Nova. It holds substantial shareholding in Choice Broadcasting Ltd and in Star Broadcasting Ltd, operator of Sunshine 106.8 in Dublin. The shareholders of Bay Broadcasting are Kevin Branigan, Mike Ormonde and Tom Anderson.

The BAI is now expected to make contact with the station over the matter.

Classic Hits 4FM, which is based on the Ground Floor of Castleforbes House in Castleforbes Road, Dublin 1, owed Revenue €163,000 in unpaid taxes at the end of 2012, its most recently filed accounts.



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6 Comments
  1. Barry David on Facebook says

    Sad

    1. jack says

      barry 4fm make pleany of money sure look nova cant even pay imro kevin braingan is the chairman of 4fm ceo of nova and when a station is in trouble the bai has to be contacted the sad part nova/4fm are able to gave away money ect

  2. Barry David on Facebook says

    Both stations sound good on air … Would be sad to lose them … heart or smooth radio station would be a bad move for any listener in Ireland

    1. jack says

      BARRY DID YOU READ THE IRISH INDEPENT I WAS READING IT MY SELF THE STATION MY SOUND GOOD ON AIR ITS FUNNY THE BAI KNEW NOTHING THE 4FM WAS IN TROUBLE REVNUE IS AFTER THEM IN TAXES THE OWE I WAS TALKING TO A GOOD FRIEND OF MINE HE WORKS FOR 89FM/KFM HE TOLD ME THERE ARE TO MANY INVOLVED IN 4FM/NOVA 98FM IS ON ITS OWN SPIN YOU COULD BARRY SEE 4FM BEEN WOUND UP IT WILL DEPEND ON MONDAY WEEK THE 26TH JAN CHOISE BROADCASTING HAS SOME THING TO DO WITH 4FM SUNSHINE IS OK THIS HAS NOTHING GOT TO DO WITH THEM STAR BROADCASTING

  3. Barry David on Facebook says

    Its sad when .. Money and politics get in way of a station or stations

  4. Alas its the survival of the fittest. Nobody attempting to stand out from the crowd and understand when and where they are being listened to, too much reliance on made for measure rating

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