Radio vs. The Internet

The new USC Annenberg Digital Future study is out and it's worth consulting for a snapshot of where traditional vs. new media stands. It provides some insight as to how the audience is changing.

Some in traditional media think that radio can be fixed (just about every consolidator says so) and that even newspapers can be revived (Tribune Company's pitch). But as you'll see, competing in the digital world is far more complicated.

This is from the latest USC Annenberg Digital Future study:

The Digital Future Report found that the Internet is perceived by users to be a more important source of information for them --&hellip

The Next Clear Channel

Look at all this talent -- in one place.

Randy Michaels. Bobby Lawrence. Frank Wood. Lee Abrams. Jerry Kersting. Mark Chase. Steve Gable. The last three stolen away from Clear Channel late last week.

It's the best radio team that doesn't have any radio stations (except WGN).

Sam Zell and Randy Michaels are sly foxes. Zell owns newspapers (what a dying business) and TV stations (ouch) and very little radio.

I know I always say radio people are good enough to do many things other than radio, but maybe those of you out there who have had problems believing me about what I think Zell/Michaels are up to will&hellip

The Labels’ MySpace DisGrace

You have to hand it to the record labels.

When they get a good idea, they get it too late.

Take the new music service that three of the big four labels (Universal, Warner and SonyBMG) are going to launch within the next few months that they think will revolutionize the digital music business.

Dream on.

The labels are eight years late and a dollar short.

The joint venture announced yesterday with MySpace is meant to be a digital lifeline for both companies. The three labels are hoping MySpace's 110 million users will help both of them grow.

But the labels' hatred for Apple's Steve Jobs is showing.&hellip

I Heard The News Today, Oh Boy

The news business is imploding.

CBS Television just recently let a couple of hundred employees go at its local TV news operations. A few weeks earlier CBS pruned its radio news operations nationwide.

Newsweek is offering over 100 of its staffers including some pedigreed reporters and correspondents early retirement.

The New York Times, Tribune