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Day 4: FM Phase III provisional winning price crosses Rs 550 crore mark

The fourth day of the e-auction showed marked enthusiasm but there were still no bids in as many as 14 cities and the provisional winning price was lower than the Clock round Price in some cases.

Regulators I&B Ministry
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Times Group’s ENIL not appealing after Red FM permitted to participate in auctions

Radio Mirchi, had earlier approached the Madras and Delhi High Courts in light of the conditional approval given to Sun TV Group’s radio network by the Madras HC. The hearing for the same was adjourned to 21 August.

Television TV Channels Music and Youth
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Radio Mirchi gets I&B nod to purchase Oye FM

This includes the company’s radio business in Amritsar, Jodhpur, Patiala and Shimla.

Regulators I&B Ministry
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Star to air Pro Kabaddi League across 8 channels in 5 languages; ropes in 10 sponsors

Additionally, Star is also mulling to hold the tournament twice a year, with the next tournament scheduled as early as January 2016.

Television TV Channels Sports
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FY-2015: Radio industry numbers the best as yet?

Challenges continue to hound the industry with smaller and standalone stations feeling the pressure of rising cost structures, measurement and royalty fee issues and the rising threat of the digital media eating into the radio ad budget pie.

Regulators TRAI

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