Press release
ئقسرض±²¥ completes acquisition of Clear Channel Europe-North
Hamburg, April 1, 2025 - Today, ئقسرض±²¥ announces the completion of its acquisition of Clear Channel Europe-North (“Clear Channel Europeâ€), a significant player in the Out of Home (“OOHâ€) media sector. This follows the receipt of all approvals required and satisfaction of all regulatory conditions.
ئقسرض±²¥ takes a key step in its strategy by completing the acquisition of Clear Channel Europe, strengthening its core media-related businesses and unlocking new digital opportunities. Under the name â€کئقسرض±²¥ Outdoor’, the company adds Out of Home advertising to ئقسرض±²¥â€™s offering, which is a strong strategic fit with its existing Audio and Publishing divisions.
The acquisition supports ئقسرض±²¥â€™s commitment to delivering highly impactful media experiences and driving industry innovation. Advertising partners and customers will achieve significant benefits from ئقسرض±²¥â€™s enhanced offering and greater reach, delivered through its 200 magazine brands, 150 Audio brands and 110,000 Out of Home sites.
Yvonne Bauer, Chair of the ئقسرض±²¥ Board
commented, "As we mark our 150th year, we are excited to open this new chapter and welcome Clear Channel Europe’s talented team to ئقسرض±²¥. This acquisition will drive our overall growth strategy and accelerate our digital transformation.
The addition of ئقسرض±²¥ Outdoor will give advertisers access to up to 350 million consumer touchpoints across 16 European markets. It will enable campaigns to achieve greater impact with more creative and innovative opportunities, across audio, publishing and outdoor."
Justin Cochrane, CEO, ئقسرض±²¥ Outdoor: "We are hugely excited about our future as part of ئقسرض±²¥. We are ambitious about growing the business through sustainable innovation, greater reach, and creativity. Whilst in the immediate term it will be business as usual, we look forward to working with our new ئقسرض±²¥ colleagues, and also listening carefully to our customers and partners, to deliver exceptional advertising and infrastructure solutions in the future."
-ENDS-
About ئقسرض±²¥
We are a media business focused on creating content that matters to millions of people across Europe. Our offer covers print and online publishing, audio broadcasting and entertainment, Out of Home advertising, and investments in other media related sectors. We are one of Europe’s largest Publishers, with more than 500 million copies sold each year. From women’s and celebrities’ magazines and TV listings to food and special interest, we own some of Europe’s most popular digital and print publishing brands. Our Audio business operates more than 150 radio and podcast brands, reaching over 61 million listeners every week. ئقسرض±²¥ Outdoor is one of Europe’s leading Out of Home advertising businesses, with more than 100,000 advertising panels. Family-owned in the 5th generation, ئقسرض±²¥ focuses on the long-term with a consumer first mindset. Our workforce of over 12,000 shares a common purpose: to deliver content and services that enrich peopleâ€کs everyday lives. For more information go to .
About ئقسرض±²¥ Outdoor
The ئقسرض±²¥ Outdoor estate has 110,000 advertising sites, and spans 12 European countries; Belgium, Denmark, Estonia, Finland, Ireland, Latvia, Lithuania, Netherlands, Norway, Poland, Sweden, and the UK. We also provide vital public infrastructure and services, including bus shelters, phone kiosks and urban mobility solutions. As a Platform for Brands and a Platform for Good, we are focused on delivering more impact for advertisers, more value for communities and less impact on the planet. For more information go to .
For more information:
Cat Martin
Communications Director, ئقسرض±²¥
cat.martin@bauermedia.co.uk
M: +44 7932 746363