You will be redirected back to your article in seconds

Mumbai FM trouble

World Brief

Following Mumbai’s only indie FM station switchoff May 27, another station, Go 92.5, backed by the Mid-Day media house, has served notice on the government that it may close in 2004. This is attributed to both the high license fees and low revenues.

The FM frequency, opened in 2002, started with license fees of $2.17 million, compounded 15% annually. With radio ad spends amounting to less than 1% of the total $172,000,000 ad spend, none of the FM players is turning a profit.

The FM players would like to see the license give way to a revenue sharing model.

More Biz

  • --FILE--Wang Jianlin, Chairman of Dalian Wanda

    Wanda Reports Nearly 11% Revenue Drop in 2017

    Following Mumbai’s only indie FM station switchoff May 27, another station, Go 92.5, backed by the Mid-Day media house, has served notice on the government that it may close in 2004. This is attributed to both the high license fees and low revenues. The FM frequency, opened in 2002, started with license fees of $2.17 […]

  • Sag Awards Preview

    How to Watch SAG Awards 2018 Online

    Following Mumbai’s only indie FM station switchoff May 27, another station, Go 92.5, backed by the Mid-Day media house, has served notice on the government that it may close in 2004. This is attributed to both the high license fees and low revenues. The FM frequency, opened in 2002, started with license fees of $2.17 […]

  • Women's March rallyWomen's March rally, New

    Celebrities Champion LA, NYC Women's Marches: 'March On, My Sisters!'

    Following Mumbai’s only indie FM station switchoff May 27, another station, Go 92.5, backed by the Mid-Day media house, has served notice on the government that it may close in 2004. This is attributed to both the high license fees and low revenues. The FM frequency, opened in 2002, started with license fees of $2.17 […]

  • Thousands of people gather holding protest

    Marchers Reference 'Get Out,' 'Black Mirror' at New York City Women's March

    Following Mumbai’s only indie FM station switchoff May 27, another station, Go 92.5, backed by the Mid-Day media house, has served notice on the government that it may close in 2004. This is attributed to both the high license fees and low revenues. The FM frequency, opened in 2002, started with license fees of $2.17 […]

  • Los Angeles Women's March

    How to Watch the Los Angeles Women’s March Online

    Following Mumbai’s only indie FM station switchoff May 27, another station, Go 92.5, backed by the Mid-Day media house, has served notice on the government that it may close in 2004. This is attributed to both the high license fees and low revenues. The FM frequency, opened in 2002, started with license fees of $2.17 […]

More From Our Brands

Access exclusive content