Fever FM, owned by HT Media, on Tuesday, announced that it is closing its station owing to changing trends in the media industry. In an announcement on the social media platform LinkedIn, it said that the end for the Radio industry is "closer than you expect".
In a video released with the announcement, Ramesh Menon, chief executive officer at Fever FM, said, "We made this difficult decision to shut down our station. This decision comes after careful consideration and is due to the evolving trends in the media industry."