Cork’s Red FM acquired by Today FM owner

Cork’s Red FM has been bought by one of the biggest media companies in Ireland, Bauer Media Audio.

Last week the owner of Newstalk and TodayFM radio stations entered a deal to acquire one of the country's most popular regional stations although the acquisition is subject to regulatory approval.

Bauer Media Audio, which includes Bauer Media Audio Ireland is Ireland’s largest commercial radio and audio group. With the addition of Red FM, Bauer Media Audio Ireland said it now extends its total weekly reach to almost 1.9 million listeners.

Red FM is Cork’s most popular radio station, with more than 129,000 listeners tuning in every day to shows such as ‘The Neil Prendeville Show’ and ‘Dave Mac’s Drive’.

Bauer Media Audio said it is “committed to ensuring that Red FM continues to grow and develop, providing investment and innovation to create an even better listener experience for the people of Cork, and allowing Red FM to continue providing the music, entertainment and great local news and information that listeners value”.

Simon Myciunka, CEO of Bauer Media Audio Ireland commented: “As a firm believer in the power of sound, Bauer Media Audio is committed to growing the radio and audio sector through investment and innovation.

“Cork’s Red FM is a much-loved station, and it’s a fantastic addition to the business. Together, we can ensure that it continues to provide the music, entertainment and great local news and information that listeners value, allowing it to thrive even more in future.”

Diarmuid O’Leary, CEO at Red FM added: “Over the past two decades, Cork’s Red FM has grown to become one of the region’s most popular radio stations, informing and entertaining listeners across the city and county. I’d like to thank everyone who have been a part of this journey for their contribution, in particular the staff at the radio station, who have been central to our success over the last 20 years.

“Red FM is now ready to embark on a new chapter, and I’m sure that as a valued part of Bauer Media Audio, the station will continue to soar to even greater heights,” he added.

Under Bauer Media Audio Ireland’s leadership, Today FM, Newstalk and Spin have all increased their audience listenership, in addition to being recognised at the annual IMRO Radio Awards.

The business has also invested and launched the GoLoud podcast network, home to some of Ireland’s most listened to podcasts, and invested in audioXi – Ireland’s largest digital audio exchange.

Bauer Media Audio is Europe’s leading digital commercial radio broadcaster and audio operator operating in 9 countries in Europe.