FM Phase III e-auctions commence, Home Ministry to study judgment before deciding on appeal
NEW DELHI: The e-auction for the first batch of FM Phase III commenced today, even as the Information and Broadcasting Ministry (I&B Ministry) said it will abide by the court's order.
Times GroupÆs ENIL not appealing after Red FM permitted to participate in auctions
MUMBAI: Times Group’s Entertainment Network India Limited (ENIL), which operates one of India’s most popular radio stations- 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.
Red FM reiterates its commitment to reach out to smaller cities, while expressing joy at winning legal battle
NEW DELHI: After the recent verdict, Red FM's COO Nisha Narayanan issued a statement reaffirming faith in the country’s judicial system, she said, "We feel that
Red FM permitted to participate in FM Phase III auctions
NEW DELHI: The Delhi High Court, which had earlier permitted Digital Radio Broadcasting Ltd, which runs Red FM to take part in the mock e-auction, today gave permission for the network to take part in the main e-auction for FM Phase III, which commences tomorrow.
Orders on Red FM participation in Phase III e-auction tomorrow, Delhi High Court stresses incongruity
NEW DELHI: The Delhi High Court, which had earlier permitted Digital Radio Broadcasting Ltd, which runs Red FM to take part in the mock e-auction, today reserved its orders on the application for taking part in the man e-auction for FM Phase III commencing on 27 July.
Midem head Bruno Crolot departs; JÚr¶me Delhaye takes over
MUMBAI: After four years as director of music markets at Reed Midem, Bruno Crolot, has decided to move ahead. From 27 July 2015, Jérôme Delhaye, current director of the Reed Midem Entertainment Division, will take over Crolot’s responsibility.
Pandora hopes to increase revenue in Q3 to approx. $310 mn from $285.6 mn in Q2 2015
MUMBAI: Digital radio service, Pandora, witnessed a growth of 30 per cent year on year, from total revenue of $218.9 million in Q2 2014, to $285.6 million Q2 2015. It also saw a growth in subscription revenue from $ 41.6 in Q2 2015 to $54.6 million in Q2 2015.
Mock auctions extended by one day, reportedly to accommodate Sun Group FM bidders
NEW DELHI: Even as the e-auction for the first batch of bidders for FM Phase III is to commence on 27 July, the Government held three rounds of mock auctions, instead of the originally announced two.
Gaana looks to raise $150 million
MUMBAI: After music streaming service Saavn raised over $100 million not so long ago, its competitor Times Internet’s Gaana.com is all set to make a similar move in order to expand its base and invade newer territories.
I&B Ministry has been very unfair to Radio: ENIL's Prashant Panday
The recent decision taken by the Information and Broadcasting Ministry (I&B Ministry) in favour of ENIL and TVTN (TV Today Network Limited), reflects the light at the end of the tunnel for the radio industry.
