Latest news with #Galway-based


Irish Independent
a day ago
- Business
- Irish Independent
Radio Nova owner to buy Galway Bay FM
The competition authority says it has been notified of the proposed acquisition by Bay Broadcasting Ltd, which also has a substantial shareholding in Sunshine 106.8, of Western Community Broadcasting Holdings Ltd, which operates the Galway station. Galway Bay FM has been part of the Connacht Tribune since 2006, when the newspaper bought out other shareholders in the local radio station at a cost of €20m. It already held a 27pc stake. The Connacht Tribune itself is to be purchased by Malcolm Denmark's Iconic Media Group, which is already the biggest regional newspaper publisher in the State. Three Galway families – the Allens, Naughtons and Hickeys – own the Tribune group, and it was reported last year they had hired IBI Corporate Finance to find a buyer for its assets. The Competition and Consumer Protection Commission said last week it had been formally notified of the proposed acquisition of the Galway-based newspaper by Formpress Publishing, part of the Iconic group. Media reports had initially linked Bauer Media to the purchase of Galway Bay FM. The owner of national stations Today FM and Newstalk has recently added Red FM, iRadio and Beat 102-103 to its stable. Instead the acquisition is being made by Bay Broadcasting Ltd, whose chief executive is Kevin Branigan, who is the co-owner along with Michael Ormonde. Mr Branigan has previously characterised the Dublin radio scene as a David and Goliath struggle, with Bay Broadcasting taking on 'billionaire owners'. Of late, however, Radio Nova has been the music station with the biggest market share in Dublin, helped by the success of its 'Morning Glory' show presented by Jim McCabe and comedian PJ Gallagher. Last year Mr Branigan wrote to the director general of RTE and to Catherine Martin, the then media minister, offering to buy 2FM for €10m. He said the station could have a positive future, but that 'should be in the private sector and not as a part of RTÉ'. The offer was rejected. The pace of consolidation within local media is quickening, with newspapers in particular coming under the control of a handful of big groups. While there may be some concerns about an over concentration of ownership, regulators must also take into account that some regional media operations will not survive financially unless they become part of bigger stables. Earlier this year Midlands 103, which is ultimately owned by the Tindle Group, bought South East Radio. The Tindle Group operates regional newspapers and radio stations across the UK and the Channel Islands, and Midlands 103, locally managed and serving Laois, Offaly and Westmeath, had been its only station in Ireland.


Belfast Telegraph
3 days ago
- Entertainment
- Belfast Telegraph
Tommy Tiernan: ‘I have no real facility for handling money. I love shopping, but I have no interest in investing or saving'
He may be used to asking the questions, but Tommy Tiernan is rarely short of things to say. From quantum physics to brain surgery, buying a motorbike and being an irresponsible dad, he covers a lot of ground in a frank chat with Tanya Sweeney Tommy Tiernan starts every morning with a double espresso (and, very occasionally, a cigar) and no wonder. You'd want to be fairly caffeinated to keep up with the Galway-based actor/comedian's significant workload. Today, we are meeting in the Abbey Theatre, where Tiernan is gearing up for a role in three-hander The Cave, a black comedy written by Kevin Barry and co-starring Aaron Monaghan and Judith Roddy.


Irish Post
3 days ago
- Business
- Irish Post
Channelscaler: Merger of Galway's Channel Mechanics and US firm Allbound to create 50 new jobs
THE MERGER of Galway company Chanel Mechanics and US firm Allbound is set to create 50 new jobs. The two Partner Relationship Management (PRM) companies have united to form Channelscaler, which will help B2B companies grow partner revenue faster and more profitably. The rebrand marks a significant milestone, combining the strengths and expertise of both companies and representing a shared vision for the future of partner programme execution. Galway-based Minister Hildegarde Naughton welcomed the company's announcement to create an additional 50 highly-skilled positions to support market demand for its platform. "Galway's reputation for a highly-trained and skilled workforce continues to attract significant investment, as evidenced by Channelscaler's job announcement today," she said. "Having witnessed the company's incredible journey and seeing their ambitious growth plans, I have no doubt they will continue to put Galway on the map as the global leader in channel automation software." Empowering companies Founded in 2010, Channel Mechanics designed and developed channelIT, a cloud-based channel enablement platform delivered as a low-cost SaaS (Software as a Service) model. Atlanta-based Allbound was founded in 2014 and helps support all the stages of partner selling with automated and assisted prospect communication, deal registration and pipeline management. As Channelscaler, the company aims to deliver measurable return on investment by simplifying partner operations, accelerating indirect revenue and reducing cost of channel sales. According to global technology market analyst firm Canalys, global trade reached an all-time high of $33tn in 2024, with indirect revenue accounting for greater than 70 per cent of all purchases. Recognising this immense and growing opportunity, Channelscaler is dedicated to empowering companies that sell to, through and with partners to take advantage of this opportunity. 'A statement of intent' "Today marks a significant milestone as we go to market under a unified brand uniting two incredible companies," said Kenneth Fox, CEO of Channelscaler. "This isn't just a name change, it's a statement of intent. 'We're combining intuitive partner engagement with enterprise-grade automation to deliver what channel leaders need most: the platform, data, and insights to scale partner revenue — with confidence and clarity." Anne Lanigan, Divisional Manager for Technology & Services at Enterprise Ireland, welcomed the expansion and rebrand announcement. "Channelscaler's success and growth in the space of channel sales highlights Ireland's position as an international hub for innovation," she said. "As part of our new five-year strategy, Enterprise Ireland's ambition is to accelerate sustainable Irish business with globally focused businesses like Channelscaler becoming the primary driver of the economy. "Enterprise Ireland looks forward to working with the team to continue to support their growth ambitions as they expand their customer base internationally whilst continuing to create jobs here in Galway." See More: Channelscaler, Galway


Irish Independent
4 days ago
- Entertainment
- Irish Independent
Tommy Tiernan: ‘I have no real facility for handling money. I love shopping, but I have no interest in investing or saving'
Tommy Tiernan starts every morning with a double espresso (and, very occasionally, a cigar) and no wonder. You'd want to be fairly caffeinated to keep up with the Galway-based actor/comedian's significant workload.


Irish Independent
5 days ago
- Entertainment
- Irish Independent
Tommy Tiernan: ‘I'm a great dad for chats. But also, I'm kind of irresponsible'
He may be used to asking the questions, but Tommy Tiernan is rarely short of things to say. From quantum physics to parenting, buying a motorbike and banning phones at his gigs, the funnyman has a lot to say... Today at 21:30 Tommy Tiernan starts every morning with a double espresso (and, very occasionally, a cigar) and no wonder. You'd want to be fairly caffeinated to keep up with the Galway-based actor/comedian's significant workload. Today, we are meeting in the Abbey Theatre, where Tiernan is gearing up for a role in three-hander The Cave, a black comedy written by Kevin Barry and co-starring Aaron Monaghan and Judith Roddy.