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Radio Exec Says "Suckers Invest in Pandora"



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(2/15/2011 4:26:50 PM)   Flag as inappropriate content
Phil, if school is closed we get both e-mail and text notification. Weather? Current local conditions at a glance on computer or phone and with just one click I have radar, detailed forecast, extended forecast discussion, and more weather content than I can get from radio or even television. Breaking local news? Computer or phone instantly. Traffic? My GPS has traffic navigation built-in and XM has a local traffic channel. Not only do I hardly ever listen to radio, it's rare I even watch local TV newscasts anymore. Time is valuable and I can get everything I need in just five minutes online as opposed to watching a 30 minute TV newscast or be left hanging waiting for the local radio station to finally get around to telling me the temp, traffic, etc. As I said radio is dead.
- Chuck
(2/15/2011 4:18:13 PM)   Flag as inappropriate content
What is the WX? Let me look at my phone and get the entire forecast (not the one recorded last night) and temp. Is school canceled? No it is not, the school has not texted me that they are. If personality is so important than that is where radio would be investing, it is not. You cannot FIRE local people and claim that local people will save us.
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(2/15/2011 2:52:39 PM)   Flag as inappropriate content
My Android phone feeds audio from any source in the world into a 20 dollar Bluetooth adapter that feeds my car 's FM tuner. As a result, southern California music FM stations are as relevant to me as AM radio, which I abandoned 15 years ago. if this column is indicative of the way radio is looking as audience now, everyone should sell their broadcasting stock today.
My college age kids do not own one radio. They do not stream radio stations, either.
It's over, SCBA.

- zumahans
(2/15/2011 2:51:56 PM)   Flag as inappropriate content
My Android phone feeds audio from any source in the world into a 20 dollar Bluetooth adapter that feeds my car 's FM tuner. As a result, southern California music FM stations are as relevant to me as AM radio, which I abandoned 15 years ago. if this column is indicative of the way radio is looking as audience now, everyone should sell their broadcasting stock today.
My college age kids do not own one radio. They do not stream radio stations, either.
It's over, SCHWARTZ.

- zumahans
(2/15/2011 2:51:55 PM)   Flag as inappropriate content
My Android phone feeds audio from any source in the world into a 20 dollar Bluetooth adapter that feeds my car 's FM tuner. As a result, southern California music FM stations are as relevant to me as AM radio, which I abandoned 15 years ago. if this column is indicative of the way radio is looking as audience now, everyone should sell their broadcasting stock today.
My college age kids do not own one radio. They do not stream radio stations, either.
It's over, SCHWARTZ.

- zumahans
(2/15/2011 2:37:31 PM)   Flag as inappropriate content
Chuck, what is the weather where you are? Is school canceled or open tomorrow? Any activities in your city to go to this weekend? Does Pandora or XM keep you up to date on these issues? The death of radio is greatly exagerated. Radio has a purpose and as long as there is local information to pass along, it will not only survive but live quite well.
- Phil
(2/15/2011 2:36:47 PM)   Flag as inappropriate content
Let's see - the loss in value of assorted radio stocks from these peaks about 10 years ago...

Cumulus: $50 3/8 (1/21/2000)
CBS: $35 (7/23/2007)
Citadel: $20.65 (8/1/2003)
Entercom: $66 5/8 (1/21/2000)
Saga: $92 (6/2002) [4:1 reverse split in 2009]
Regent: $11.75 (IPO)
Radio One: $93.50 (1/10/2000)
Entravision: $16:50 (2000)
Beasley: $14 1/8 (IPO in 2000)

- Fred


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