Mumbai: HT Media has initiated the shutdown of two FM radio stations in Chennai, marking a significant consolidation of its southern radio operations. While formal confirmations are emerging only now, the company’s 94.3 FM frequency had already gone silent a couple of weeks ago, with broadcasts ceasing well before the official filings.
The development follows decisions by two HT Media subsidiaries. Next Radio Limited was the first to pull the plug, surrendering the license for its 94.3 FM station, which officially discontinued operations from 24 October 2025. Media trackers had noted that the channel went mute well ahead of this date.
Subsequently, the board of HT Music and Entertainment Company Limited (HTME) approved the relinquishment of the Fever FM (91.9 MHz) license during its meeting on 25 November 2025. The station is scheduled to stop broadcasts from 24 December 2025. Both subsidiaries have now filed applications with the Ministry of Information & Broadcasting (MIB) to return their respective licenses.
In its filing to SEBI, HT Media clarified that both stations were voluntarily surrendered despite having license validity until 31 March 2030. The company noted that the channels were no longer financially or strategically viable, contributing only marginally to overall revenues. In FY25, 94.3 FM added ₹2.17 crore (0.12% of total revenue), while Fever FM 91.9 generated ₹4.58 crore (0.25%).
