Format changes, flankers, and the state of the industry today

[A. Joseph Ross]

 From time to time, investors do very well by investing in a boat with a 
slow leak and successfully fixing the leak.  It's happened often enough 
and sometimes spectacularly.

On 11/5/2021 9:34 AM, Doug Drown wrote:
> As a non-professional somewhat outside the loop, I keep wondering
> how corporations such as Audacy, iHeart, Chancellor, et.al. can continue to
> make money in the long term.  As suggested, there are still a lot of people
> who listen to terrestrial radio, but they're mostly over 50 (like me).
> That, combined with the aforesaid cluelessness about (or even, in some
> cases, *interest in) *that demographic, things don't bode well.  Why invest
> in a boat with a slow leak that's eventually going to sink it?
>
> -Doug
>
>
>
> On Fri, Nov 5, 2021 at 8:58 AM Kevin Vahey <kvahey@gmail.com> wrote:
>
>> Having been a long-time freelancer doing sports I am seeing the
>> cutbacks everywhere.
>>
>> One of the biggest issues facing radio/TV is sales departments have no
>> clue how to sell to an older demographic.
>>
>> CBS decided to bail out of local radio a few years ago and found a
>> willing sucker in Entercom (Audacy).
>>
>>
>> On Fri, Nov 5, 2021 at 7:45 AM Rob Landry <011010001@interpring.com>
>> wrote:
>>>
>>>
>>> On Fri, 5 Nov 2021, Garrett Wollman wrote:
>>>
>>>> As I said the other day, I'm not listening to broadcast radio all that
>>>> much, and I'm watching TV even less, but I have noticed that the TV
>>>> advertising that I do see is dominated by the lowest of low-rent
>>>> advertisers.
>>> TV as we used to know it is moribund. TV programming is expensive to
>>> produce, and immediacy is less important for TV (except for live events
>>> like the recently concluded World Series) than it is for radio. YouTube
>>> and subscription streaming services are TV's future, I think.
>>>
>>>> (Killing off NBCSN at least helps Comcast deal with their long-standing
>>>> problem of "which of NBC's five different sports streaming sites will
>>>> have the coverage of event X", because there will soon only be four of
>>>> them.)
>>> Part of the problem is that Comcast, which is a delivery company, now
>> owns
>>> the content it delivers. Very little good will come of that, I think.
>>>
>>>
>>>
>>> Rob

-- 
A. Joseph Ross, J.D. · 1340 Centre Street, Suite 103 · Newton, MA 02459-2004
617.367.0468 · http://www.attorneyross.com