Media Radio News
TRAI recommends that reserve price for FM radio channels in a new city should be set equal to 0.8 times the valuation of FM radio channels in that city
The new tentative deadline for submission of entries is now March 27, 2015. This means that the e-auctions, which were earlier expected to start on April 24, 2015 at the earliest, will now be delayed by another 4-5 days
Big FM has usurped Radio City's top position in Mumbai with 18.8 % of the overall market share though Radio City was very close with 18.6%
Could Big FM and O&M taken an early advantage in Golden Mikes 2015 or is there an upset on the cards?
Big FM and Radio City tied in terms of market share in Mumbai. Fever FM, Radio Mirchi and Radio City maintain lead in Delhi, Kolkata and Bangalore
This year the show will introduce the musical side of corporate honchos like Sanjay Mehta of Social Wavelength, Suveer Bajaj of Foxymoron, Prakash Chhabria of Finolex Industries & the likes
The Ministry of Information and Broadcasting (MIB) has released a Notice Inviting Application (NIA) for the e-auction of the first batch of Phase III frequencies
Big FM maintains its number one position in Mumbai. Fever FM is number one in Delhi while Radio Mirchi and Radio City continue their lead in Kolkata and Bangalore respectively
Chief among the radio industry's requirements are uniformity and relief from taxation as well as a resolution to the FDI issue, which operators have long wanted to be increased to 49%
The Ministry of Information and Broadcasting (MIB) has announced the format of the Phase III migration for current license holders. Operators wanting to move to Phase III need to submit their application by March 9 and before March 23, said the Ministry
The 3-year lock-in period prescribed under the FM Phase III policy could adversely affect M&A in radio sector
Waiving 15% cap, removing three-year lock in period, and revising two-stage auction process to a single process were some of the suggestions turned down by MIB
Terms of the deal remain undisclosed. Industry insiders indicate the deal is worth around Rs 50 crore
Week 4 (Jan 18-24, 2015) saw Big FM finally overtaking Radio City in market share in Mumbai; Fever 104, Radio Mirchi and Radio City continued leading in Delhi, Kolkata and Bangalore, respectively
Unlike the BJP, AAP mainly stuck to radio, outdoor and social media to spread its message
With Arvind Kejriwal-led Aam Aadmi Party sweeping the Delhi polls, radio has proved its mettle in regional marketing once again
The decision has been taken to address the current inventory crunch and inflation at an overall level. The hike has been implemented in all 17 cities across seven states where the FM channel operates
This will not be the first time that TV Today Group will engage in selling a radio property. In 2006, when the industry was on the verge of moving from Phase I to Phase II expansion, it sold off its stake in RED FM to a consortium, which included Value Lab and NDTV. Sun TV later picked up majority stake in RED FM
The decision comes after the TV Today Network announced its quarter results for the period ending December 31, 2014; the results for Q3 2015 reveal that the group's radio business suffered a loss of Rs 1.94 crore, Rs 2.90 crore in Q3'14 and Rs 1.80 crore in Q2'15
More and more growth is going to come from tier II or III towns. Radio is perhaps the best medium to reach this audience and for many brands this could increase the relevance of the medium, says Ashish Bhasin, Chairman and CEO (South Asia) of Dentsu Aegis Network
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