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London/Hamburg – 1 March 2023: Today, ����ֱ�� Audio – Europe’s leading commercial radio and audio operator – has announced that it has completed its acquisition of Cork’s Red FM - the number one commercial radio station based in the Cork region of Ireland.

Cork’s Red FM will now join Today FM, Newstalk, 98 FM, SPIN 1038 and SPIN Southwest within ����ֱ�� Audio’s portfolio in Ireland.

As part of ����ֱ�� Audio, Red FM will be able to leverage enhanced digital expertise, ensuring that it can take advantage of new opportunities to grow and develop, creating even better listener experiences for its audience and outcomes for its commercial partners.  With the addition of Red FM, ����ֱ�� Audio now extends its position in Ireland, reaching more than 1.9 million listeners every week, and grows its total reach across Europe to more than 61 million weekly listeners. The acquisition of Red FM builds upon ����ֱ�� Audio’s footprint in Ireland after its entry to the market in 2021.

Speaking on the transaction, Richard Dawkins, President of Audio, ����ֱ�� said: “We’re delighted to be welcoming Cork’s Red FM to ����ֱ�� Audio. The station has been playing an important role in the lives of its listeners for the past two decades, providing great music, speech, entertainment and important local news. We’re excited to be expanding within Ireland with the acquisition of this high-quality business and look forward to the opportunities this brings to deepen our relationships with listeners and commercial partners in broadcast and in digital audio.”

Diarmuid O’Leary, CEO, Cork’s RedFM added: “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 ����ֱ�� Audio, the station will continue to soar to even greater heights.”

[ENDS]

About ����ֱ�� Audio
is Europe’s leading digital commercial radio broadcaster and audio operator. Experts in the power of sound, the company reaches over 61 million listeners weekly through its broadcast radio, online services, and podcasts. Spanning 9 countries – the UK, Sweden, Norway, Denmark, Ireland, Finland, Poland, Slovakia and Portugal, ����ֱ�� Audio owns leading brands including Today FM, KISS, Mix Megapol, Absolute Radio, Radio Norge, Radio Expres, Radio Nova, Radio 100, RMF and Rádio Comercial.  

Press contacts:

Cat Martin
Communications Director, ����ֱ�� Audio
cat.martin@bauermedia.co.uk
M: +44 7932 746363

Cameron Frazer
Senior Communications Executive, ����ֱ�� Audio
cameron.frazer@bauermedia.co.uk