Sources at SBS Discovery confirmed the news, but did not immediately comment.
SBS Discovery radio reaches an audience of at least 10-million listeners via broadcast, and more than four-million people via digital platforms and online streaming. Radio brands include Mix Megapool, Rockklassiker, and Radio Norge.
Bauer Media is a hamburg-based media conglomerate that publishes hundreds of magazines and 50 radio and TV stations. the company’s radio brands reached 17-million listeners in the U.K. in Q4, 2014.
Terms of the acquisition have not been reported.