Blogger’s Park: Can FM survive the digital storm?

In a refreshing turn of events, TRAI’s recent recommendations on a series of reforms for the radio sector have infused a sense of optimism into the radio industry. However, worldwide, the stock market hasn’t been particularly buoyant about the industry due to its substantial over-leverage, consistently borrowing to expand station networks with hopes of attracting media-tech investments, which are yet to materialise. In India too, listed radio firms are unable to realise their true value due to the various regulatory and content restrictions on the medium.