The New Formats Young Audiences Crave

What’s amazing is that the radio industry always focuses on formats that they are already doing – never something new.

They may make changes to, say, adult contemporary by offering a softer version as Entercom and others are trying to do now with “The Breeze” but essentially it’s a spinoff of what radio already does shifting listeners from one format to another almost like it.

Therefore, it should be no surprise that in an industry that doesn’t fully grasp that streaming music services and not other radio stations are now their chief competitors, it is long overdue to come up with a few new radio formats that only a radio station can do.

Here are 4 totally new, never done before radio formats that have a revenue stream of eager advertisers waiting to support them.

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The Dickey session Conclave video -- 

  1. What happened at Cumulus under the Dickey's control -- regrets, successes, etc.
  2. How radio will necessarily become an on-demand business rather than the current linear one-to-many broadcasting model (Lew Dickey wrote a book on this topic and the audience was interestingly receptive to this view).
  3. The future of jobs in what eventually will be the Third Evolution of Radio (from its inception, competing with television and now on-demand digital).

The session was live streamed but in case you missed it and would like to watch, click here.

John Dickey, Jerry Del Colliano, Lori Lewis, Lew Dickey

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The Berner Board Battle at Cumulus

FREE PREVIEW, RIGHT HERE

  • What’s the status of a total or partial Westwood One sale?
  • Is Dallas for sale or isn’t it? 
  • Mary Berner vs. the Cumulus board – a look at a crazy next 7 months.

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Phase 3 Entercom Cutbacks

There’s no denying Entercom has been laying people off especially in programming for most of the first half of this year.

Jenny Q and Blake Powers were blown out Friday at KLUV, Dallas.

Jenny Q did middays.

Powers nights.

And so the pattern of firing former CBS staffers that Entercom thinks are superfluous.

But there is a next wave coming as Entercom anticipates not making its numbers again as the year progresses.

This time David Field goes where few consolidators have been willing to go to save money.

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Entercom’s Big Little Lies

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  • Obscure and unintelligible claims like the really important thing they left out of their claim to have saved $45 million in the first quarter.
  • Hiding why Entercom was forced to buy expensive debt that doesn’t benefit shareholders.
  • Proof CFO Schmaeling and CEO Field are not on the same page.

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The Fate of the Big 3 Record Labels

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  • The threat of Spotify, TikTok and even Fortnite on record label dominance.
  • The move by Spotify and others to encourage artists to go direct and bypass record labels.
  • New competition for record labels in discovering artists and picking the hits and where it leaves radio.

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