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Print/Radio

Private FM radio not to be allowed to broadcast news: Govt to SC

Govt has deposed before Supreme Court that private radio stations should not be allowed to broadcast news & current affairs programmes generated by them.

All India Radio’s ad revenue till January at Rs 186 crore

AIR has earned gross ad revenue of about Rs 186 crore in the current financial year up to January 2017, said Rajyavardhan Singh Rathore.

Radio City makes strong debut on bourses, shares close 12% up

Music Broadcast’s shares closed at Rs 373.15 apiece on BSE, up 12% from issue price. Market cap stood at Rs 2,129 crore.

Radio City IPO oversubscribed 2.19 times on Day 2

Driven by strong retail demand, the IPO of Music Broadcast was oversubscribed 2.19 times on the second day of the issue.

HT Media expands strategic partnership with Koovs

HT Media has expanded its strategic partnership with fashion online retailer Koovs.com to celebrate International Women’s Day.

Radio City raises Rs 146.5 crore from anchor investors at upper IPO price band

Music Broadcast Ltd has raised Rs146.5 crore from anchor investors ahead of its IPO. Shares were allotted at the upper price band of Rs 333 per share.

Sun TV top spender in FM Phase III batch 2 auction; ENIL wins maximum frequencies

Hyderabad received the highest bid of Rs 23.43 cr. Sixty-six radio channels provisionally sold for over Rs 202 cr in 48 towns, with 200 channels finding no takers.

Radio City eyes valuation of Rs 1,900 cr, fixes IPO price band at Rs 324-333

Music Broadcast Ltd is looking at a valuation of almost Rs 1,900 cr through its public float. IPO price band is fixed at Rs 324-333 per share.

Radio City’s Rs 400-cr IPO to open on 6 March

Music Broadcast Ltd, a Jagran group firm which runs its radio biz under Radio City brand, will set the tone for the first IPO in the media and entertainment sector in 2017. The IPO will open on 6 March and close on 8 March. It will seek to raise over Rs 400 crore.

Lokmat appoints Paperboat Brandworks as its creative AOR

Lokmat has appointed Paperboat Brandworks as its creative AOR for the flagship Marathi newspaper Lokmat.