It’s 2010, Do You Know What Your Biggest Competitor Will Be?

In less than three months, we'll be ten years into the 21st century and I'm getting the feeling that the media business is at least ten years back into the 20th century.

So I thought I'd give a little pop quiz this morning to test our readiness for the next decade.

Here's the question for media industry execs: what will your biggest competitor be over the next decade?

The Internet?

Well, ten years ago the Internet was around but it wasn't so much of a factor that Viacom or Clear Channel had to worry about it. Remember when Clear Channel demoted its CEO, Randy Michaels and concocted an Internet job for a radio&hellip

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Radio’s New 80/20 Rule

While I was back in New Jersey I almost forgot how great it was to pull into a gas station and have an attendant pump the gas.

In fact, while I was at the Jersey shore, I saw t-shirts that said, "Jersey Girls Don't Pump Gas".

It got me to thinking how radio stations are becoming like gas stations in many ways.

The petroleum industry made a big deal out of how much money consumers could save by pumping their own gas and yet in the state of New Jersey, where law prohibits individuals from pumping their own -- prices have been among the lowest in the entire United States (see chart

Read More  FREE SAMPLES

Radio’s New 80/20 Rule

While I was back in New Jersey I almost forgot how great it was to pull into a gas station and have an attendant pump the gas.

In fact, while I was at the Jersey shore, I saw t-shirts that said, "Jersey Girls Don't Pump Gas".

It got me to thinking how radio stations are becoming like gas stations in many ways.

The petroleum industry made a big deal out of how much money consumers could save by pumping their own gas and yet in the state of New Jersey, where law prohibits individuals from pumping their own -- prices have been among the lowest in the entire United States (see chart

Read More  FREE SAMPLES

Broadcasting vs. On-Demand

Radio broadcasters are caught in a changing world that is increasingly turning to on-demand media.

Few among us do not rely on cell phones, smart phones, laptops and online communication to get us through the day.

What started out as an evolution from traditional media to new mobile content driven by the next generation has become a revolution that broadcasters must come to understand.

To put it bluntly, consumers find themselves needing less broadcasting -- that is, distributing content from one tower to many consumers 24 hours a day seven days a week.

When radio was invented, the technology dictated that the&hellip

Read More  FREE SAMPLES

Broadcasting vs. On-Demand

Radio broadcasters are caught in a changing world that is increasingly turning to on-demand media.

Few among us do not rely on cell phones, smart phones, laptops and online communication to get us through the day.

What started out as an evolution from traditional media to new mobile content driven by the next generation has become a revolution that broadcasters must come to understand.

To put it bluntly, consumers find themselves needing less broadcasting -- that is, distributing content from one tower to many consumers 24 hours a day seven days a week.

When radio was invented, the technology dictated that the&hellip

Read More  FREE SAMPLES