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Radio Road Which tuner to get and getting the most from it. Thank God, for the radio! |
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Radio Road Which tuner to get and getting the most from it. Thank God, for the radio! |
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In Reply to: Clear Channel Radio SSSSSUUUUUCCCKKKKSSSS posted by eds65gto on November 10, 2006 at 13:41:21:
The large chain radio station business model is changing, and not for the better, for the large chains like Clear Channel and Infinity. The biggest problem, like always, is senior management that is out of touch with new business paradigms and who are too late and too slow to adapt to change.Case in point is satellite radio: None of the large chains chose to become investors and now a huge number of car radios are XM or Sirius equipped and for people that have long commutes, they don't have to change stations when one fades out. Yeah, the satellite people are still losing money, but if you examine Clear Channel's latest financial reports in detail, their revenues were DOWN on the broadcast side and UP on the outdoor billboard side. So their broadcast revenues are declining as advertisers abandon the shrinking terrestial FM broadcast radio audience. And when the ad dollars go away, so do the DJ's and the stations. Hopefully, some of these stations will be bought by local investors and become what they used to be: Local outlets carrying local news staffed by local people and playing good music like they did in the "glory" days of FM back in the 1950's - 1970's when the good stations played albums whilst their AM competitors were playing singles.
IMHO, the biggest threat to the Clear Channels and Infinitys of the world is going to be Internet Radio and WiFi Radio and I'm guessing the senior poobahs of the big chains are ignoring these new technologies just like they ignored satellite radio.
I will give them an "E" for effort in their feeble attempt to compete by broadcasting HD Radio, but why invest millions in a technology when there is no base of listeners and the technology has a maximum resolution of 96Kbps, less than MP3 AND there are no radios yet for people to listen on? The car manufacturers will make or break a new radio format and so far, all but one are ignoring HD Radio.
You'll hear a lot of advertising for HD Radio this Christmas shopping season, but HD Radios are few and far between and the HD Radio business model will hopefully crash and burn sometime next year. And when this happens, Clear Channel and Infinity will panic and start cutting even more and they'll go into a death spiral. YMMV, of course.
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Follow Ups
- Their Business Model is Changing [Was:Re: Clear Channel Radio SSSSSUUUUUCCCKKKKSSSS] - Vinyl Rules! 11:18:09 11/12/06 (0)
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