TV Today reports better than expected performance

TV Today Network Ltd, the company that operates India Today and Aaj Tak news channels, reported better than expected numbers for the Apr-Jun period, thanks to surprising resilience in its TV channel revenues.. India Today, which depends on advertising for nearly all its top line, saw revenue from its TV broadcasting business fall by about […]

HT Media to invest Rs 400 cr in Fever 104 FM

HT Media, the company that publishes the Hindustan Times newspaper, said it obtained approval from its board of directors to invest another Rs 400 cr into its FM business. The company operates ‘Fever 104’ FM stations in over a dozen cities in India. However, it is dwarfed by competitors like Radio Mirchi from the Times […]

Radio Mirchi to launch second channel “Mirchi Love” in Ahmedabad, Jaipur and Surat

Entertainment Network India Limited (ENIL), subsidiary of the Times of India Group, will launch its new brand and second channel “Mirchi Love” in Ahmedabad, Jaipur and Surat on the 5th of September, said the company. The company is currently operating Radio Mirchi 94.3 FM channel in these cities. Mirchi Love will be available in 104 […]

FM sale turned down, TV Today hands over airtime sale to ENIL

TV Today Network, part of India Today group, entered into a add promotion Sales Agreement with Entertainment Network India (ENIL) for managing their advertisement campaigns in their three FM stations in New Delhi, Mumbai, and Kolkata, said the company. Following the agreement ENIL has been appointed as the agent of TVTN to facilitate sale of […]

Govt partially allows sale of radio stations by TV Today to ENIL

TV Today Network Ltd said the government of India has allowed the sale of its FM radio stations in in Amritsar, Jodhpur, Patiala and Shimla, but rejected the sale of stations in Delhi, Mumbai and Kolkata. The three applications were rejected as Entertainment Networks India Ltd (ENIL) already has radio licenses in those cities. In […]

India Today group to sell FM business to Times Group

India Today Group will sell its seven FM radio stations to the Times of India Group’s Entertainment Network India Ltd, which runs the Radio Mirchi chain of stations. TV Today Network entered into a non-binding memorandum of understanding with Entertainment Network for the sale of the seven radio stations. TV Today runs the seven FM […]