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Cork's RedFM is an Irish radio station which broadcasts to Cork and the surrounding area. Despite this, RedFM is one of the 10 most listened to stations in the country, hia result of the overwhelming popularity of local radio in the Cork area. The station commenced broadcasting on 16 January 2002 and was awarded Ireland's first youth radio licence. Its target market is the 15-35 age group in Cork city and county.


In 2013, Thomas Crosbie Media, who had a 36% share in RedFM went into receivership, and the majority of their assets, including the newspapers Irish Examiner, the Evening Echo, and The Waterford News and Star as well as radio stations Beat 102-103, WLR FM, were purchased by Landmark Media Investments LTD.


On March 1, 2023, the radio station was acquired by Bauer Media Audio, a subsidiary of German media conglomerate Bauer Media.

Key Facts

Audience Share28.3%
Ownership TypePrivate
Geographic CoverageLocal
Content TypeFree
Data Publicly Available
ownership data is easily available from other sources, e. g. public registries etc.

Ownership

Ownership StructureCork’s Red FM is owned by Bauer Media Audio Ireland (formerly Communicorp), a subsidiary of Bauer Media Group Ltd.
Bauer Media Group Ltds is owned by Yvonne Bauer (85%), and her sisters Saskia Bauer (5%), Nicola Bauer (5%) and Mirja Bauer (5%)
Voting RightsN/A
Individual Owner

Media Companies / Groups

Facts

Founding Year2002
Founder
  • Henry Condon
    was involved with a number of pirate radio stations in Dublin before moving to Britain in 1989 to broadcast on Atlantic 252, where he eventually became programme director. He moved to Chrysalis Radio, where he was appointed boss at Manchester’s Galaxy 102, before becoming the programme director on Virgin Radio. He returned to Cork to launch youth station RedFM on January 16, 2002
CEO
  • Diarmuid O’Leary
    His career in Irish radio began at Today FM in 1998, where he worked as a Business Development Manager. From 2008 to 2013, he worked as an Advertising Sales Director for The Irish Daily Star. He has been the CEO of Corks Red FM since 2013.
Editor-In-Chief
  • Lana O’Connor
    Between 1991 until 1997 Lana O’Connor worked as a broadcast news journalist for Cork’s 96FM and C103. After working as a senior news editor in Dublin’s FM104 from 1998 to 2001, she began working as the Radio News Editor at Corks RedFM where she established the news and sports department.
ContactUnit 1B, University Technology Centre
Curraheen Road
T12 PN70 Bishopstown
info@redfm.ie
+353 (0) 2 148 6550
www.RedFM.ie
RevenueMissing Data
Operating ProfitMissing Data
Advertising (in % of total funding)Missing Data
Market ShareMissing Data
Headlines
Meta DataAudience Share taken from the 2023 Joint National Listenership Research Survey, looking at “yesterday listenership” of 15+ population. Because Red FM is a regional station, this percentage reflects only the Cork area.

Revenue, operating profit, and advertising revenue not available for individual stations.

Information about Voting Rights of owners unavailable.

Within the media industry in Ireland reporting on income levels are generally at group level rather than individual title level. On top of this, overall revenue details for the market as a whole are unavailable. Due to these factors it is not possible to report accurately on market share for individual titles or groups.
Sources