HT Media acquires 51% stake in Radio One parent Next Mediaworks

Date posted: Wednesday 24 April 2019

HT Media Ltd, the publisher of Mint and Hindustan Times newspapers’ radio arm has acquired a 51% stake in Next Mediaworks Ltd. The acquisition of Radio One would make it the strongest radio company in the fast-growing metro markets. Alongside its current metro strength of eight stations, HT Media will not only add an additional station each to its top five metros but also the key metro market of Pune to its network.

(Live Mint)