Red FM

Cork's RedFM is an Irish commercial radio station broadcasting to Cork city and county. It commenced broadcasting on 16 January 2002 under Ireland's first youth radio licence, with a target audience of 15-35 year olds.

The station was operated by Siteridge Limited. Thomas Crosbie Holdings (TCH) — publisher of the Irish Examiner and one of Ireland's largest regional media groups — held a 35% stake at the time it entered receivership in March 2013. TCH's media assets, including its Red FM shareholding, were acquired by Landmark Media Investments, a new vehicle established by members of the Crosbie family. The Irish Times Group acquired Landmark in July 2018 and thereby inherited a 17.5% stake in the station.

On 1 March 2023, Bauer Media Audio Holding GmbH completed its acquisition of Siteridge Limited following CCPC clearance in December 2022 (M/22/059). Red FM is now operated as part of Bauer Media Audio Ireland LP, alongside Today FM, Newstalk, 98FM, SPIN 1038, SPIN Southwest, iRadio and Sunshine 106.8. In early 2024 the station adopted a new tagline, "Cork's Good Times", aligning with Bauer's network branding.

(Last updated in May 2026)

Key Facts

Audience Share	28.3%
Ownership Type	Private
Geographic Coverage	Local
Content Type	Free
Data Publicly Available	ownership data is easily available from other sources, e. g. public registries etc.
Operating Company	Bauer Media Audio Limited Parnership lei: 894500T48UMY2K1A4736 Identifier: Registration Number: LP3374

Ownership

Ownership Structure	Cork's Red FM is operated by Bauer Media Audio Ireland LP (LP3374), the Irish limited partnership through which Bauer Media Group operates its Irish radio stations. The partners are Bauer Audio Ireland Limited (General Partner, Ireland) and Bauer Media Audio Holding GmbH (Limited Partner, Germany). Bauer Media Audio Holding GmbH is a subsidiary of Heinrich Bauer Verlag KG, a privately-owned multimedia conglomerate headquartered in Hamburg, Germany. The group has been owned by the Bauer family since 1875. Since 2010, the shares have been held by Yvonne Bauer (85%) and her three older sisters Mirja, Nicola and Saskia Bauer (5% each).
Voting Rights	N/A
Individual Owner	Bauer Family 100

Ownership Structure

Cork's Red FM is operated by Bauer Media Audio Ireland LP (LP3374), the Irish limited partnership through which Bauer Media Group operates its Irish radio stations. The partners are Bauer Audio Ireland Limited (General Partner, Ireland) and Bauer Media Audio Holding GmbH (Limited Partner, Germany).

Bauer Media Audio Holding GmbH is a subsidiary of Heinrich Bauer Verlag KG, a privately-owned multimedia conglomerate headquartered in Hamburg, Germany. The group has been owned by the Bauer family since 1875. Since 2010, the shares have been held by Yvonne Bauer (85%) and her three older sisters Mirja, Nicola and Saskia Bauer (5% each).

Voting Rights

N/A

Individual Owner

Bauer Family
100

Operating Company

Heinrich Bauer Verlag KG (Bauer Media Group)
100%

Facts

Founding Year	2002
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.
Contact	Unit 1B, University Technology Centre Curraheen Road T12 PN70 Bishopstown info@redfm.ie +353 (0) 2 148 6550 www.RedFM.ie

Revenue	Missing Data
Operating Profit	Missing Data
Advertising (in % of total funding)	Missing Data
Market Share	Missing Data

Headlines	Cork radio ever popular but flagship RTÉ Radio One shows shed listeners, Liz Dunphy, Accessed on 14 August 2023 Radio group Bauer completes deal to buy Cork’s Red FM, Laura Slattery, Accessed on 14 August 2023
Meta Data	Audience 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. The website footer correctly attributes the site to Bauer Media Audio Ireland LP (Reg #LP3374), reflecting the current operating entity. Some body content (e.g., terms and conditions) has not been updated post-acquisition and still references the station's pre-acquisition (Siteridge Limited) operating entity.
Sources	Tributes after death of radio visionary Henry Condon, Accessed on 14 August 2023 Receiver appointed to publisher of Irish Examiner as part of restructuring, Accessed on 20 July 2023 TCH acquires two radio stations, Accessed on 20 July 2023 Bauer Media Audio Completes Acquisition of Cork's Red FM, Accessed on 20 July 2023 LinkedIn Profile Lana O’Connor, Accessed 20 July 2023 LinkedIn Profile Diarmuid O'Leary, Accessed on 20 July 2023
Documents (PDF)	Merger Announcement M/22/059 Bauer Media / Siteridge Ltd (RedFM) File Determination of Merger Notification M/22/059 Bauer Media / Siteridge Ltd (RedFM) File