CN Group sells CityBeat to Q Radio Network
The Q Radio Network has bought CityBeat Belfast from CN Group, adding to its portfolio of six stations.
Q operates a number of stations across Northern Ireland, but this will be the first time the group enters the Belfast market.
The six stations are Q97.2 North Coast, Q106 Mid-Ulster, Q107 Mid-Antrim, Q100.5 South East, Q102 North West and Q101 South West.
CityBeat broadcasts on 96.7 and 102.5 and has been owned by CN Group – owners of The Bay in Lancaster and Lakeland Radio in Kendal, and previously owners of the current Quidem stations in the Midlands.
The group previously owned Mid FM (Six FM) before selling it to Q Radio to create Q106.
RadioToday understands a number of redundancies have been announced at the Ormeau Road site. Speaking today, Q Local Media Ltd Executive Chairman, Dominic Fitzpatrick, said: “This acquisition is a significant step for the Q Group in that CityBeat has a proven track record throughout Greater Belfast and will complement our existing presence throughout Northern Ireland.
“As a local company we are committed to further investment throughout the Group and look forward to continuing to serve both listeners and advertisers of Citybeat 96.7/102.5FM in the future.”