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

[Dave Doherty]

...or ignoring the leak, sailing the ship with paying customers for years, paying dividends to the investors on each voyage --- until it sinks, kills the passengers and crew, and the company goes bankrupt. The corporation is liable, but its shareholders are not. The investors get to keep their dividends, they just don't get any from the final voyage. 

-d

-----Original Message-----
From: Boston-Radio-Interest <boston-radio-interest-bounces@lists.BostonRadio.org> On Behalf Of A. Joseph Ross
Sent: Friday, November 05, 2021 11:21 AM
To: boston-radio-interest@lists.BostonRadio.org
Subject: Re: Format changes, flankers, and the state of the industry today

 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