Steve Penk sells The Revolution
Broadcaster and radio owner Steve Penk has sold Oldham-based 96.2fm The Revolution to Matt Ramsbottom.
Ramsbottom, who moved from the North West to the Midlands eight years ago to take a position with the then Capital Radio Group in 2005, has started a new company, Credible Media, and will now run the station.
The controversial Steve Penk, who quit the breakfast show on air last year, bought The Revolution in 2008.
He confirmed news of the sale to RadioToday.co.uk saying.
“I can confirm we have finalised the negotiations and completed a deal with Credible Media this morning. I would like to take this opportunity to thank all the team, past and present for their hard work and loyalty over the last 5 and a half years. I have enjoyed developing both the radio station and the brand through a tough financial period and will miss the staff, customers and listeners.”
Penk, a former Piccadilly Radio DJ who went on to high-profile slots on Capital Radio and Virgin Radio, had a history of making the headlines through his radio shows.
In 2010 he was criticised by mental health charities for playing Van Halen’s “Jump” at the request of a motorist stuck on the M60 due to a suicidal woman on a bridge.