HT Media Exits Metro Markets: Radio Nasha 91.9 and Other FM Stations To Go Silent by June 15; Here's Why

HT Media will voluntarily shut down four metro FM radio stations - Radio Nasha in Mumbai, Radio One in Delhi, Mumbai, and Bengaluru, and Fever FM in Chennai - by June 15. The exit from these unviable markets is driven by a shifting digital-first audio economy, a 7 per cent drop in sector ad revenues, and declining hardware support for FM.