Peak FM's coverage area included the towns of Alfreton, Bakewell, Bolsover, Clay Cross, Dronfield, Matlock, Pinxton, Ripley, Shirebrook, South Normanton and Staveley.

The sale was ratified in March 2020, following an inquiry by the Competition and Markets Authority,[1] and on 27 May 2020, Bauer announced Peak FM would become part of the Greatest Hits Radio network.

[2] On 13 July 2020, local programming excluding breakfast was replaced by networked output from GHR, resulting in redundancies among most of the presentation team.

[3][4] In September 2020, Peak FM ended its local breakfast show and closed its Chesterfield studios as it completed rebranding to Greatest Hits Radio.

The station was folded into Greatest Hits Radio Yorkshire, which until November 2024 provided a regional afternoon show from Bauer's Leeds studios.