Blog Post

The Slow Death Of Radio

(Sub. req.) Expect some radio stocks to fall today…Barron’s has done a story analyzing the future of traditional radio…and the scenario is not too pretty. “The death of radio has been heralded many times. Yet since its introduction to the mass market in the early 1920s, radio has survived — and thrived — because no other medium has been able to match its formatting flexibility, its local appeal, its immediacy and its low overhead. Not until now, at least. Cable companies, commercial-free (though fee-based) satellite radio, MP3 players and other digital wonders may at last be giving radio a run for its money….Across the country, listeners are changing how they choose to receive music and news and talk radio. They are turning to portable music players like Apple Computer’s iPod, streaming audio over the Internet and the emerging field of satellite radio to hear what they want, when they want to hear it.”