I depend on radio to hear new music. There's only one radio station of in Reno that does that, but not as much as they used to do. Why should I listen to radio to hear music I already know when I have hundreds of hours of music I actually like that I can listen to on my phone? Reno has a problem that in non-prime listening time many of the DJs are minimum wage types. Radio does not seem to be profitable in Reno.
On Thu, Mar 15, 2018 at 5:48 PM, Adam Bowie <a...@adambowie.co.uk> wrote: > It's worth noting, since it has been widely misreported, that > iHeartMedia's radio business itself is perfectly profitable. I'm not in any > way defending the quality of the services or the high repetition. The > reason for the bankruptcy is the highly leverage consolidation of the > business, in particular their takeover of Clear Channel Outdoor, just ahead > of the financial crash. They can't service their ludicrously high debt, > taken on by management at the worst possible time. > > There's lots of misreporting about this, claiming it's Spotify or Pandora > eating into their business. Of course neither of those companies are > profitable. While they are long term threats, commercial radio itself > continues to make money - not least because so many costs have been > stripped out during a period of ruthless consolidation. > > As I say, repetition, lack of originality, creativity and many other > things are problems. And there are even bigger problems coming down the > tracks with the young definitely replacing listening to FM with streaming. > But as with much of the rest of the broadcast media business, it remains > profitable even with declining audiences. > > > Adam > > On Thu, Mar 15, 2018 at 10:07 PM, Kevin M. <drunkbastar...@gmail.com> > wrote: > >> >> On Thu, Mar 15, 2018 at 10:56 AM Tom Wolper <twol...@gmail.com> wrote: >> >>> It's Chapter 11 which means they restructure debt and keep operating. >>> >> >> “But... but... the focus groups say they want to hear the same 30 songs >> over and over on every radio station... how can we possibly be losing >> money?” >> >> >>> http://money.cnn.com/2018/03/15/media/iheartmedia-bankruptcy/index.html >>> >>> -- >>> You received this message because you are subscribed to the Google >>> Groups "TVorNotTV" group. >>> To unsubscribe from this group and stop receiving emails from it, send >>> an email to tvornottv+unsubscr...@googlegroups.com. >>> For more options, visit https://groups.google.com/d/optout. >>> >> -- >> Kevin M. (RPCV) >> >> -- >> You received this message because you are subscribed to the Google Groups >> "TVorNotTV" group. >> To unsubscribe from this group and stop receiving emails from it, send an >> email to tvornottv+unsubscr...@googlegroups.com. >> For more options, visit https://groups.google.com/d/optout. >> > > -- > You received this message because you are subscribed to the Google Groups > "TVorNotTV" group. > To unsubscribe from this group and stop receiving emails from it, send an > email to tvornottv+unsubscr...@googlegroups.com. > For more options, visit https://groups.google.com/d/optout. > -- You received this message because you are subscribed to the Google Groups "TVorNotTV" group. To unsubscribe from this group and stop receiving emails from it, send an email to tvornottv+unsubscr...@googlegroups.com. For more options, visit https://groups.google.com/d/optout.
