HIT FM Radio

Hit FM is a national broadcaster airing popular music and talk-shows. Short news segments are broadcast once in every full hour.

Since 2015 Radio Hit FM broadcasts on a national frequency that once belonged to Hit music FM and Roadstar Radio, after, one year earlier, it had inherited its predecessor Hit Music FM, which was owned by Croatian company Dijagram Nekretnine (49%) and Milan Pejovic (51%) until it went bankrupt.

Branivoje Lazovic, owner and founder of Roadstar Radio, had already obtained a national frequency during the allocation in 2006. At that time Roadstar radio worked as part of Euroluks Petrol LLC also owning the ELP gas station with a Roadstar dinner. In 2009, Mr Lazovic was caught in a national scandal and arrested for unjust enrichment. He was prosecuted for exchanging a piece of land in Belgrade's outskirts for a commercial lot in the center, belonging to the City of Belgrade at the time. A few days earlier in February 2009, a delegation of several Serbian bankers had visited the Prime minister to raise concerns about Lazovic's 50 million EUR debts related to unpaid loans for Euroluks Petrol. Since then both Lazovic and the Radio Roadstar lost track. Unlike Lazovic however, Radio miraculously resurfaced as HIT music FM to become one of the top 10 radio stations in Serbia at the time.

Key facts

Audience Share

8.4%

Ownership Type

private

Geographic Coverage

national

Content Type

free

Data Publicly Available

ownership data is easily available from other sources, e. g. public registries etc.

2 ♥

Media Companies / Groups

Maxim Media Group

Ownership

Ownership Structure

Maxim media Plus (100%) is owns LITE FM (100%) - direct owner of HIT FM. Milos Krdzic is owner of Maxim media Plus (100%).

Individual Owner

Media Companies / Groups
Facts

General Information

Founding Year

2006

Founder

Missing Data

Ceo

Ruzica Krdzic

Affiliated Interests Ceo

Ruzica Krdzic became publicly known after privatization of Studio B. Program and financing by public funds indicated close connections to the Serbian Progressive Party. Milos Krdzic her husband, is the owner of several radio stations including Radio HIT FM, Radio Jat, Radio Karolina and Radio TD and Music production agency Magic records.

Editor-In-Chief

Enes Ahmedov

Contact

Maksima Gorkog 56, 11000 Beograd

Tel: 011/365-017

Emai: marketing@hitmusic.rs

Financial Information

Revenue (in Mill. $)

Missing Data

Operating Profit (in Mill. $)

Missing Data

Advertising (in % of total funding)

Missing Data

Market Share

Missing Data

  • Reporter without borders
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  • Project by
    BIRN SERBIA
  •  
    Reporters without borders
  • Funded by
    BMZ