I just got mad all over again about what’s happened to radio. So I’m gonna post again here, occasionally. American commercial broadcast radio is still producing cash flow, while it struggles to refinance its ridiculously bankrupt, failed stock-play business model. Meanwhile its still-profitable-but-hopelessly irrelevant operating model loses skin cells by the trillions every broadcast minute. There’s even talk in the government of repossessing TV channels to convert all that outdated and inefficient use of bandwidth to digital broadband service — can all those fat radio licenses be far behind? In Canada, radio licensees are actually turning in their AM licenses to the government and shutting down the stations that they’ve operated for nearly a century. It’s way too late for radio people to wake up and start distributing some kind of audio programming to the Web, which is currently the only conceivable way to get into all cellphones or other digital devices. But…even though it’s late, there’s still time. Will radio people survive the digital tsunami? Stay tuned. Or not.
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