 In May 2016, Riley sold Orion Media to Bauer Media for a reported £50m 

When Bauer acquired a number of radio groups in February 2019, they were placed into a hold separate whilst the Competition and Markets Authority investigated the deal.Phil was employed as an independent Director to support the management teams of the acquired companies.Outside of his work for Bauer, Phil established Podcast Live, a business that arranges live events for the podcast sector.