TV Today Network Limited — Board Meeting, 09-01-2025: Outcome of Board Meeting

The Board of T.V. Today Network Limited has approved the closure of its FM Radio Broadcasting operations, which include three stations in Mumbai, Delhi, and Kolkata, pending regulatory approvals. The decision is based on the current industry dynamics and is expected to be finalized within one to six months. The radio business generated a turnover of ₹16.18 Cr, representing 1.70% of the company's total turnover for FY 2023-24, but reported a loss of ₹19.53 Cr in the same financial year. This strategic move is aimed at optimizing the company's overall performance.