Radio Iceland will continue to be on the air for now. An agreement was reached with an investor about one hour before the station was set to shut down this week on funding its operations temporarily.
The station’s director Adolf Ingi Erlingsson wouldn’t reveal the investor’s identity but told Vísir that the person was one of many who had contacted the station following news that it was about to go bust, wanting it to continue broadcasting.
“We have sensed incredible goodwill and will try to continue. We’re optimistic that it will work out,” Adolf said. He added they will find out in the coming months whether there’s basis for the station’s continued operations.
Radio Iceland, which opened in February, is mostly designed for foreign listeners, tourists and friends of Iceland around the world, who can follow its program online.