Wall Street Week/Fortune
dbroda@nycap.rr.com
dbroda@nycap.rr.com
Sat Feb 12 13:49:24 EST 2005
Broadcast radio is obviously concerned, as stated, for otherwise Entercom and others wouldn't be airing attack ads (partly accurate, partly misleading).
Long term, satellite radio could easily narrow (but not kill) the audience for broadcast radio, lessening the value of non-top stations. (I not only love my XM, I use its feed of ESPN and Fox Sports Radio rather than the local stations'. 1300 AM has a putrid nighttime signal and it has frequent technical glitches, often being kicked off-air. Why wouldn't I use my XM? Even 1300's Yankee games will be on XM this year.)
OTOH, it also might actually force broadcast station owners to give us more of the one thing broadcast radio will always be able to give us that sat radio can't -- local programming.
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