March Media Madness

With the NCAA's March Madness annual collegiate basketball frenzy underway, I see too many parallels to the music media business to not mention them.

Imagine if the key components of the music media industry were basketball teams -- with real nicknames, coaches and game plans.

Let's see if anyone other than Jim Cramer would bet money on them.

The Wireless Mavericks

Remember when many of the major cities in the U.S. were going to make municipal WiFi available to their citizens?

Forget it.

Philadelphia, the leader in round one, is now being forced to abandon its plans because of second thoughts on the&hellip

The 7 Words You Can’t Say On Radio

The U.S. Supreme Court has agreed to hear a case concerning vulgarity on the airwaves -- you know, Bono using the F-word in an unscripted broadcast, etc.

The FCC wants the power to punish carriers that are responsible for such slips -- like the ones Cher and Nicole Richie made at a Billboard Awards show.

I guess the Supreme Court has nothing better to do -- the next presidential election doesn't need to be decided until November. What's remarkable about this issue is that one of the chief proponents for stronger FCC power is the Parents Television Council -- a group some consider right wing wackos.

In fact, as The&hellip

Inside Apple’s iPod Subscription Plan

No doubt those of you who follow the music media business have heard that Steve Jobs is supposedly working on a program with the major labels to sell fully-loaded, "all you can eat" iPods with virtually everything ever recorded.

Well, if you have you may not be getting the real story.

My contacts at the record labels confirm that discussions have been going on for sometime -- for Europe.

No deal can happen in the U.S. very easily because of publishing issues.

Nokia apparently has set the bar for what it would take to get the labels to offer their libraries as a benefit for buying a fully-loaded MP3 player --&hellip

In Music, the Customer is Always Wrong

It never surprises me that the music industry is in the mess that it's in.

Consumers want one thing and the record labels want another. In any other industry, this type of thinking would put companies out of business. But in the music industry, it's standard operating procedure.

Examine the evidence.

1. Starbucks sells CDs when customers obviously want coffee. According to a recent New York Times article the average company-owned Starbucks sells only two CDs a day. Starbucks disputes the figure, but refuses to supply Times reporter Jeff Leeds with a better one. Starbucks has lost its way in the coffee end of the&hellip

Mad Radio

CNBC's Jim Cramer has been out to get terrestrial radio of late. The circus-like Mad Money show is hard to watch and even harder to tolerate if you work in radio.

Cramer's advice to investors owning radio stock is "sell, sell, sell" which is easy to say because he doesn't own Citadel at $1.32.

I don't know whether to advise you to listen to his most recent and scary rant, but we're all adults so here's the link. Promise me you'll return because there are some important points to be made.

1. Cramer worked in&hellip