Former Macquarie MD Rob Lowenthal brought in to handle 2CH sale as bidders line up

Bidders have started lining up in the sale of Macquarie Radio Network station 2CH, with the company’s former managing director Rob Lowenthal handling the process, Mumbrella can reveal.

The network is required to relinquish the licence for the Sydney easy listening station which is targeted at an older demographic if its planned merger with Fairfax Radio Network gets the green light.

Lowenthal “resigned” from the network last March, a year after a stoush with leading presenter Ray Hadley over his treatment of a junior staff member.

Potential bidders for the station are thought to include a player from the NSW clubs industry and Grant Broadcasters which owns dozens of regional stations across the country. Another name being floated is retail giant Gerry Harvey, a close friend of Macquarie owner John Singleton.