News coming in to us here that Phantom 105.2, Ireland’s leading alternative music station is set to be restructured. The application was lodged to the BAI in order to ensure the future of the station.
As many people will know, Phantom was founded in 1996 as a pirate music station and has been a beacon of shining light for both international and Irish alternative music.
The exact details of the restructuring are not clear but there has been confirmation of a number of redundancies to workers in the Marconi House station.
The Chairman of Dublin Rock Radio Ltd was quoted as saying: “Phantom has been a labour of love that has paved the way for many up-and-coming bands over the years and, as a result, the station has a core loyal following. That is testament to each member of the Phantom team – whose personal passion for music shines through on a daily basis.”
“It is with regret that we are announcing the station’s proposed restructuring plan to continue to deliver an alternative music service for young Dubliners. However, in doing so, we are ensuring the future of the offering and we aim to return to growth in the future. I would like to thank the team at Phantom for their ongoing dedication and patience during this difficult time.”
The BAI were quoted as saying: “Despite the stations point of difference in music its market position is niche and has been disproportionately affected by ongoing reductions in advertising revenue in an increasingly competitive market.”
Having worked and had partnerships with the Phantom 105.2 station and staff in the past, it is with great sadness that we bring you this news. We wish every bit of luck to the talented and committed staff of Phantom. Phantom has always been a shining light of Irish music, in an otherwise similar radio industry here in Ireland.
We will bring you more as we get it.