Lyric FM has been broadcasting from Limerick since 1999 and currently employs up to 30 people, many of whom live in Limerick and Co Clare.
Speaking in advance of the protest, Louise Donlon, director of Limerick's Lime Tree Theatre and a former member of the Arts Council, said: "Lyric is at the heart of our cultural life here, both in terms of its location in the Cornmarket area of the city, but also its support and promotion of the arts and culture in the region.
"What employee will ever consider decentralisation in the future if decisions can be reversed 10, 15 or 20 years down the line, with no thought to the impact on people's lives and families?" she asked.
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