Times of India Group bought Virgin Radio from SMG, now known as STV, in May 2008 in a deal reportedly worth more than £50m. Media Week first revealed it was to rebrand the station as Absolute Radio on 1 September.
Absolute Radio formerly launched on 29 September 2008 supported by a £5m advertising campaign that introduced the station's slogan "Discover real music".
Over the past year Absolute Radio has launched Absolute 80s, now a national station, Absolute Radio 90s, which is available online and on London DAB, and launched and suspended the interactive station Dabbl.
According to the last Rajar figures Absolute Radio had an average weekly reach of 1.59 million listeners, down 6.2% year on year and down 33.9% from the second quarter of 2008.