PURPOSE: To obtain the magnetic recording medium for perpendicular magnetic recording which is improved in wide band C/N by laminating a thin diamond- like hard carbon film imparted with a semiconducting property and a perpendicularly magnetized film on a substrate.

CONSTITUTION: The thin diamond-like hard carbon film 2 which is imparted with the semiconducting property, consists essentially of carbon and is incorporated with elements such as B, P and N to control the conductivity is provided on the substrate 1 consisting of a high-polymer film of Al alloy, etc., and further, the perpendicularly magnetized film 3 consisting of Co-Cr, Co-Ti, Co-Ta, Co-Ru, Co-W, Co-Mo, Co-Cr-Nb, Co-Cr-Rh, etc., is laminated thereon. The nonuniformity of crystal growth by the electrified atoms contained therein at the time of forming the perpendicularly magnetized film 3 is thereby eliminated and the noises are lowered, by which the C/N of the wide band is improved.