Fm Stations
Pocket FM's revenue up 6x to Rs 1,052 crore in FY24, losses reduced
The revenue growth was primarily driven by subscription income from micro-transactions
 "Pocket FM's revenue up 6x to Rs 1,052 crore in FY24, losses reduced")
Govt formulating new broadcast policy to regulate OTTs: Minister Murugan
The Centre is formulating a new broadcast policy following complaints that the Over-The-Top platforms are not adhering to self-regulatory practices, Minister of State for Information and Broadcasting and Parliamentary Affairs, L Murugan said on Wednesday. At an event here, Murugan said the government was holding 'detailed conversations' with various stakeholders to allow private FM radio channels to broadcast news bulletins in addition to the service rendered by All India Radio. Murugan accompanied by senior officials from the Ministry, addressed a meeting on FM Radio Auction, an outreach programme organised by the Consultative Committee City Chambers of Commerce and Industry, comprising six industry bodies based out of Chennai. To a query on regulation of Over-The-Top platforms, the Minister said the Centre introduced self-regulation practices like classifying a movie based on the age of the viewership and the content it provided. "Normally, OTTs broadcast disclaimer: this is mean
 "Govt formulating new broadcast policy to regulate OTTs: Minister Murugan")
Govt increases advertisement rates for FM radio stations after 8 yrs
The government on Monday approved a steep increase in rates of advertisements on private FM radio stations for its policies and programmes, a move that would benefit more than 400 community radio stations across the country. The new rates have been announced after eight years. The last hike was done in 2015. The pricing formula for finalising the advertising rates takes into account various factors such as city population and listenership data from the India Readership Survey (IRS) of 2019, said a statement issued by the Ministry of Information and Broadcasting. "The new rates approved by the ministry in the month of September, 2023 include a 43 per cent increase in the base rate taking into account the rising costs dynamics for the period of December 2015 to March 2023," it said. The statement added that with this increase, the gross base rate for FM radio advertisement will increase from Rs 52 to Rs 74 per 10 seconds and the adjustment was intended to maintain parity with current
 "Govt increases advertisement rates for FM radio stations after 8 yrs")
Security concerns flagged on allowing FM news channels
Govt had auctioned frequency bandwidth to a few channels a few months back
 "Security concerns flagged on allowing FM news channels")
