the Radio station “Silver rain” can be closed due to the lack of Finance to continue broadcasting.

“On June 3, I can say that we simply ran out of money to continue broadcasting,” said today on the radio station’s founder, Dmitry Savitsky.

According to him, the station exists only due to advertising and for broadcasting in a month needs about 15 million rubles. However, in may the company received only 600 thousand rubles.

In this regard, Sawicki did not rule out that after the 4th of July — the day of the 25th anniversary of the radio station in the air brand “Silver rain” and the core team will stop its work.

Informed about the strong decline of advertising budgets, the media reported the Deputy head of the Ministry of communications Alexei Volin. According to him, due to the current economic situation, the TV may lose 35% of advertising revenue, radio stations and more than 50%, and Newspapers in print — up to 50%, reminds TASS.