Provided is a magnetic recording medium exhibiting good electromagnetic
characteristics in high-density recording The magnetic recording medium
employed for magnetically recording signals with a track width equal to
or less than 2.0 .mu.m and reproducing the magnetically recorded signals,
wherein said magnetic recording medium comprises a magnetic layer
comprising a hexagonal ferrite ferromagnetic powder and a binder or
comprises a nonmagnetic layer comprise a nonmagnetic powder and a binder
and a magnetic layer comprising a hexagonal ferrite ferromagnetic powder
and a binder in this order on a nonmagnetic support. Said magnetic layer
has a thickness equal to or less than 0.2 .mu.m, and said hexagonal
ferrite ferromagnetic powder has an average plate diameter being 1/30 or
less of the magnetically recorded track width as well as 1/2 or less of
the thickness of the magnetic layer.