Private FM Radio Channels See Slight Dip in Advertisement Revenue in Q3 2024

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Private FM Radio Channels See Slight Dip in Advertisement Revenue in Q3 2024
Apart from the radio channels operated by All India Radio – the public broadcaster, as per the data reported by FM radio operators to the Telecom Regulatory Authority of India (TRAI), as of September 30, 2024, there are 388 operational private FM radio channels in 113 cities operated by 36 private FM radio operators. Compared to the previous quarter, there is no change in the number of operational private FM radio channels, cities, or FM radio operators.

Also Read: Government Advises Mobile Phone Manufacturers to Enable FM Radio Feature

Advertisement Revenue

According to the data reported by FM radio operators to TRAI, the advertisement revenue for these 388 channels during the quarter ending September 30, 2024 amounted to Rs 423.52 crore. This represents a slight decline from the Rs 428.45 crore recorded in the previous quarter.

Also Read: TRAI Launches Upgraded Website to Enhance Public Engagement

Community Radio Stations in India

Additionally, there are 513 community radio stations currently in operation across the country, TRAI said in its “Indian Telecom Services Performance Indicators” report for July–September 2024.

This report provides a broad perspective of telecom services in India and presents the key parameters and growth trends of telecom services, as well as cable TV, DTH, and radio broadcasting services, for the period covering July 1, 2024, to September 30, 2024.





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Private FM Radio Channels See Slight Dip in Advertisement Revenue in Q3 2024


Private FM Radio Channels See Slight Dip in Advertisement Revenue in Q3 2024
Apart from the radio channels operated by All India Radio – the public broadcaster, as per the data reported by FM radio operators to the Telecom Regulatory Authority of India (TRAI), as of September 30, 2024, there are 388 operational private FM radio channels in 113 cities operated by 36 private FM radio operators. Compared to the previous quarter, there is no change in the number of operational private FM radio channels, cities, or FM radio operators.

Also Read: Government Advises Mobile Phone Manufacturers to Enable FM Radio Feature

Advertisement Revenue

According to the data reported by FM radio operators to TRAI, the advertisement revenue for these 388 channels during the quarter ending September 30, 2024 amounted to Rs 423.52 crore. This represents a slight decline from the Rs 428.45 crore recorded in the previous quarter.

Also Read: TRAI Launches Upgraded Website to Enhance Public Engagement

Community Radio Stations in India

Additionally, there are 513 community radio stations currently in operation across the country, TRAI said in its “Indian Telecom Services Performance Indicators” report for July–September 2024.

This report provides a broad perspective of telecom services in India and presents the key parameters and growth trends of telecom services, as well as cable TV, DTH, and radio broadcasting services, for the period covering July 1, 2024, to September 30, 2024.





Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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