Growth in digital revenues at owner of 96FM helps revenues to increase to €23.37m

The group also owns Limerick’s Live 95FM and Q102 in Dublin

The US headquartered News Corporation-owned group — which also operates LMFM — last year recorded post-tax losses of €1.16m after recording a corporation tax credit of €1.58m.

Significant growth in digital revenues last year helped to deliver a €968,000 increase in overall revenues to €23.37m at the radio group which operates Cork’s 96FM and FM104 in Dublin.

New accounts filed by the Rupert Murdoch-owned Wireless Radio (ROI) Ltd show the increase in revenues to €23.37m coincided with pre-tax losses narrowing slightly from €2.78m to €2.74m in the 12 months to the end of June 30 last