Zee Entertainment acquires radio station Hum 106.2 FM

Zee Entertainment Enterprises has entered the radio broadcast space by acquiring radio station — Hum 106.2 FM — in United Arab Emirates, the company said in a release. The entertainment services company did not provide financial details of the deal. The radio station, which has been operating for the last 20 years, mostly airs Hindi music. It is based out of Umm al-Quwain in UAE and is part of the Umm Al Quwain Broadcasting Network. Shares of Zee Entertainment closed with a gain of 0.31 per cent at ₹549.7 on the NSE.