DB Corp (DBCL), India’s largest print media company and home to flagship newspapers Dainik Bhaskar, Divya Bhaskar and Divya Marathi, has acquired 14 frequencies in the Phase III auctions. Company FDI/ FII investment limit is expected to increase to 26% from current 20%, after transition to Phase III.
Out of 14, 9 frequencies have been acquired in Maharashtra, where MY FM is poised to become the biggest FM player (excluding Mumbai & Pune) and has created a strong complementary local ad medium to Divya Marathi. With additional frequencies in Rajasthan, Bihar and CPH regions, Dainik Bhaskar has enhanced its existing footprint. It continues to be the biggest player in Rajasthan and with the acquisition of Bikaner is now able to cover 100% of Rajasthan state. It has also emerged biggest player in CPH region with inclusion of Hissar and Karnal and has also built a strong presence in Gujarat with acquisition of Rajkot.
DB Corp is India’s largest print media company that publishes 6 newspapers with Dainik Bhaskar 40 editions, Divya Bhaskar 7 editions, & Divya Marathi 7 editions with 206 sub-editions in 4 multiple languages (Hindi, Gujarati, English and Marathi) across 14 states in India.
