Media Radio News
In Kolkata, Radio Mirchi leads in Week 39. Radio City remains in first place in Bangalore
BIG FM leads in Mumbai, Radio Mirchi in Kolkata and Radio City in Bangalore
The private FM industry is optimistic that the growing buoyancy among corporates combined with the announcement of repo rate cut will add to festive cheer even as new categories like e-commerce drive ad spends
In Week 37, Big FM in Mumbai, Radio Mirchi in Koljata and Radio City in Banfalore also shows minor decrease but remain in the lead
Phase III of radio has brought in a number of new regulations that will help radio operators explore new content and programming opportunities. Is this the future of private FM in India?
The MIB has released the city-wise non-refundable one time migration fee (NOTMF) for migration from FM Phase II to Phase III for existing private FM operators. Mumbai has the highest migration fee with Rs 36.69 crore, followed by Delhi with Rs 33.33 crore
DB Corp has expanded its radio footprint as it enters Maharashtra by spending nearly Rs 24 crore for 9 new frequencies. It has now extended its reach to 31 cities across North and West India
Though no one doubts that the Indian private FM industry is in for good times with analysts predicting a growth rate of 18-20 per cent once the new channels become operational, the growth in the industry might not come in ways that are expected
Radio Mirchi’s Prashant Panday talks to about the first stage of the Phase III auctions, the rationale behind getting 2 additional stations in Hyderabad and how the FM radio industry can now look to expand
Demand across most major metros and big cities has seen growth which is equivalent to festive season rush and is an eminent reason for the rate hike which have been stagnant for almost two to three years now
In Week 35, Radio Mirchi Delhi climbs to second place, pushing Big FM down to third spot
Tarun Katial, CEO of RBNL (Big FM) talks about how the network plans to leverage the addition of 14 new frequencies to its bouquet. The operator spent to the tune of Rs 117 crore for the new frequencies
The first stage of the Phase III FM auctions saw frequencies in metros like Mumbai and Delhi exceed all expectations, but have operators overplayed their hand?
Fever FM has spent money to the tune of approximately Rs 340 crore and has won 10 frequencies. Big FM acquired 14 new frequencies. Radio City also had a profitable time in the auctions and acquired 11 new frequencies
TV Today Network (parent company of Oye FM) has informed the Bombay Stock Exchange that it has entered into a binding contract with ENIL (parent company of Radio Mirchi) to sell its four stations (Jodhpur, Amritsar, Patiala, and Shimla)
Radio City and Big FM have been competing for the top spot in Mumbai and Radio City's last week's position of leadership was taken away by Big FM in week 35
After a decade long stint, Ashit Kukian, COO, MBPL, has decided to move on
Sources familiar with the developments said that the final list of winners has now been sent to the ministry secretaries for final checks and clearances and an announcement would be made by Monday or Tuesday
The repositioning is in line with 92.7 BIG FM’s new logo as well as the focus to appeal to the younger audience
Mumbai was second with Rs 122 crore bid. The operators with successful bids will get a chance to choose frequencies in their respective cities with the highest bidder getting the first choice in cities with multiple frequencies
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