HT Media announces closure of FM Radio operations
By Staff Writer in Media News on Tuesday, 19th May 2026 at 8:40pm
HT Media has decided to shut down all its FM radio operations across major Indian markets, including Delhi, Mumbai, Bengaluru, and Chennai, and will discontinue services by June 15, 2026.
The company and its subsidiaries will voluntarily surrender multiple radio licenses to the Ministry of Information and Broadcasting. This includes Radio Nasha in Mumbai, Radio One in Delhi, Mumbai, Bengaluru and Radio Fever in Chennai, Afaqs reported.
HT Media said the radio business had become “financially and strategically unviable.” In FY2024–25, the radio business generated revenue of Rs 29.19 crore, contributing only 1.62% to the company’s consolidated revenue, while the combined net worth of the radio stations stood at a negative Rs 172.08 crore.
The company clarif...
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