Television

FM bid: HT, Radio Mid-Day West, Adlabs bag multiple licenses in metros

NEW DELHI: Financial bidding for A and A+ category cities of FM radio is in progress. A total of 29 companies in 13 cities have applied for licenses for A and A+ categories. The frequency on offer number over 60.

As per the latest information available with indiantelevision.com, HT Music and Entertainment, Radio Mid-Day West WW and Adlabs have bagged multiple licenses in the metro cities.

Some of the other companies that have bid for A, A+ categories include Entertainment Network India Ltd (Radio Mirchi), BAG Films, Radio Today, Music Broadcast Private Limited (Radio City), Raj TV, Muthoot Finance, Clear Media, Rajasthan Patrika, Delhi Press Prakashan and TV9 Associates.

HT Music, which quoted Rs 350 million for Mumbai, has emerged as the highest bidder in major cities for which bids have been opened till now.

Adlabs has placed bids for licences in six cities while HT Music is confident of bagging licences in all the four cities they have bid for.

Adlabs is eyeing Delhi, Mumbai, Kolkata, Bangalore, Hyderabad and Chennai while HT Music has bid for Delhi, Kolkata, Mumbai and Bangalore.

Adlabs has quoted Rs 280 million for Delhi & Mumbai, Rs 60 million for Kolkata and Hyderabad, Rs 90 million for Chennai and Rs 120 million for Bangalore. 

Including Adlabs, there were seven bidders for six frequencies in Delhi. Radio Mid-Day West quoted the highest Rs 314.2 million. HT's bid was slightly over Rs 280 million while Pan India Infravest Network Ltd. (Essel Group Company) quoted Rs 75 and Clear Media Rs 133.3 million.

In Kolkata, there were nine bids for five frequencies. Radio Mid-Day West bid Rs 32.1 million while HT Music quoted a little over Rs 60 million, Radio Today Rs 32.4 million and Ananda Offset slightly over Rs 50 million.

The proceedings are slated to go on for few hours as government officials open the bids, kept in separate boxes for each city, in front of authorised representatives from the bidding companies.

The cities that fall in the A and A+ categories are Delhi, Mumbai, Kolkata, Hyderabad, Chennai, Bangalore, Ahmedabad, Surat, Pune, Nagpur, Jaipur, Lucknow and Kanpur.

Radio Mirchi, a leading FM radio operator, is believed to have bid for Bangalore, Hyderabad, Jaipur, Lucknow, Nagpur, Kanpur and Surat.

Keep tuned as we bring you more details straight from the place (first floor of Shastri Bhawan in Delhi) where the bids are being opened now.

Also Read

Government clears 85 companies for FM radio bid

Latest Reads

http://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2019/03/22/flix.jpg?itok=fXl6Z3FF
Watch the hair-raising sequel ‘Insidious: The Last Key’ this Saturday only on &flix!

What happens when the horrors of your past come back to haunt you? #LeapForth into the world of fear as &flix, the destination for the biggest Hollywood hits, is all set to air ‘Insidious: The Last Key’.

Television TV Channels English Entertainment
http://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2019/03/22/chennai.jpg?itok=4gQFhf7q
IPL comes to Snapchat

Snapchat has teamed up with Mumbai Indians, Rajasthan Royals, Chennai Super Kings and Kolkata Knight Riders this IPL season.

Television TV Channels Sports
http://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2019/03/22/mat-goe.jpg?itok=phhDu3lH
National Geographic Expeditions to offer enriching immersive travel experiences to Indian Travellers

As Indian travellers look for rich travel experiences in a burgeoning luxury travel industry, National Geographic Expeditions launches in India.

Television TV Channels Factual @ Discovery
http://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2019/03/20/walt.jpg?itok=d834AJ3p
Disney formally closes deal with Fox, massive layoffs expected

Walt Disney Co (Disney) has finally closed the deal with on its $71 billion acquisition of 21st Century Fox (Fox). In recent months, the acquisition received final approval from antitrust regulators across the globe.

Television Production House Fiction
http://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2019/03/22/chrom.jpg?itok=CC3YraGv
Music genre most benefitted in Chrome DM week 11

Music genre has grown 3.93 per cent with the highest opportunity to see (OTS) in week 11 of Chrome Data Analytics and Media.

Television TV Channels Viewership
http://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2019/03/20/kevin.jpg?itok=i0pF-Eox
Warner Bros chief Kevin Tsujhara to step down

The WarnerMedia group has announced that Warner Bros studios chairman and CEO Kevin Tsujhara is stepping down after allegations of having an affair with a young British actress and helping her secure roles surfaced, according to reports.

Television TV Channels People
http://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2019/03/20/flix.jpg?itok=Ur43FBM_
Witness the heart-warming bond unfold in the epic-adventure movie Alpha premiering on &flix, &Privé HD and Zee Café

Amidst the vast wilderness, the survival of the fittest truly determines life and death. But what happens when your fight for survival brings with it the dangers of the wild? Witness a young boy unleash his inner warrior and struggle as he travels through treacherous landscapes in the epic-...

Television TV Channels English Entertainment
http://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2019/03/20/smriti.jpg?itok=PZiuoicm
Smriti Mehra elevated to Executive Vice President, Focus at Network18

After stints with Discovery Channel, Arré and Turner Broadcasting, Smriti Mehra returned home to Network18 Group last year. The company today announced her elevation as EVP – Focus, to head revenue. She will report to Priyanka Kaul – President, Marketing & Special Projects, Network18.

Television TV Channels News Broadcasting
http://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2019/03/20/ganga.jpg?itok=H7BNoB2s
Big Ganga launches 4 new Bhojpuri shows

Big Ganga, ZEE Entertainment Enterprise Ltd’s Bhojpuri general entertainment channel in Bihar, Jharkhand, and Purvanchal is all set to cater to the demands of its audience for original content with two hours of weekday and one hour of weekend with four new shows.

Television TV Channels Regional

Latest News

Load More

Sign up for our Newsletter

subscribe for latest stories