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Govt Mulls Radio Revenue Sharing

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BUSINESS STANDARD
Last Updated : Jan 28 2013 | 12:54 AM IST

To encourage private sector participation in the FM radio broadcasting sector, the government is considering a proposal to replace the existing system of bidding for licences with revenue sharing.

In March 2000, when the bidding process for FM radio stations was undertaken, companies were paying large sums for the licences. The 11 FM radio stations in Delhi sold for Rs 7.125 crore each.

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First Published: Jun 27 2002 | 12:00 AM IST

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