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Grupo Estado to Shut Rádio Eldorado’s FM Signal on May 15

The move signals a shift to digital video driven by the rise of streaming.

Overview

  • Grupo Estado, which announced the change Thursday, will end Rádio Eldorado’s 107.3 FM broadcasts on May 15 after nearly seven decades on air.
  • The closure follows the end of Eldorado’s frequency partnership with Fundação Brasil 2000, the holder of the 107.3 FM license in São Paulo.
  • The company will cut staff as part of the shutdown, with 25 to 30 employees on formal contracts laid off and the total possibly reaching about 60 when collaborators are included.
  • The Eldorado brand will continue in digital projects, with programs such as Som a Pino and Clube do Livro reworked for video and online platforms.
  • Executives tie the move to a broader digital push strengthened by the 2025 NZN acquisition, set against recent losses despite a R$157.5 million capital raise in 2024.