Apple has been making a lot of news lately that will have more of an impact on traditional media perhaps than it will even on the consumer electronics industry.

That is saying a lot about a company that last night reported record quarterly earnings.

But this morning I thought I would share with you some signs that I am seeing that this giant hardware/software/everywhere company is encroaching on some sacred ground -- charging media companies to purvey content to consumers.

Unfortunately even smart media executives don


Radio Executive Compensation Gone Wild

If you've been getting that nagging feeling that the Goldman Sachs fraud controversy hits a little too close to home, then we're on the same page.

Goldman is being accused by the SEC of shorting the middle class by selling products that they allegedly not only knew were bad investments but by betting against the products they sold at the same time.

I understand that there are a lot of political repercussions to the Goldman story but the shorting of our own radio industry has happened by similar investment banks that have done damage to shareholders, employees, listeners and advertisers.

Radio industry CEOs are licking&hellip


iTunes “Radio” Is Coming

"Radio" is coming to Apple.

Unfortunately for terrestrial radio it will not necessarily be their existing radio stations.

Apple CEO Steve Jobs is way ahead of the curve on this. It has confounded the broadcast industry that Apple offers just about everything on its mobile devices but a radio tuner.

I know that iPod and iPad users can access radio using third party apps. Apps arguably saved Pandora's franchise. Still there is no direct link to Pandora on these popular devices. Yet Apple seems to consider radio not an essential part of what it is doing.

The Apple Nano has an FM Tuner on board and in spite of&hellip


How to Monetize Podcasting

Adam Carolla, the funny star of radio and television, got 50 million iTunes downloads the first year he became a podcaster.

And he still isn't making money.

That's 50 million downloads -- and chump change for his efforts.

Do you think we broadcasting types need to go back to school to learn media sociology and technology?

Taking nothing away from Carolla or any other podcaster that can attract a following, making money in new media requires breaking away from an unhealthy dependence on spots.

And getting away from the radio model.

With podcasting, you no longer need to follow radio formatics because&hellip


Citadel and Regent Could Be Buyers

An unintended consequence of the recession is that the companies that performed so poorly that they had to seek bankruptcy protection will live another day to screw up more radio stations.

That's what is a distinct possibility once Citadel clears the bankruptcy court sometime later this year.

Regent has already been given court approval to emerge from bankruptcy as early as this month.

Therefore, shareholders, employees and listeners have been officially screwed and these companies could be among the first to start buying more stations -- as incredible as it may seem.

That may be insane to you, but you and I&hellip


Clear Channel’s Financial Comeuppance

My Italian father, God bless his soul, never knew how much money he had saved in his life even on the day he died.

That's because he did two things extremely well -- save money from his paycheck every week (he was a career military man and then designed catapults for Navy aircraft carriers).

And he paid everything off.

In other words when he bought something, he started paying the debt down immediately and for as long as it took until there was no debt. He died debt free which I know pleased him.

I have tried to learn the same lessons from my dad. Pay off everything you buy and save money. When I got my big&hellip


Conan on TBS — Smart?

For Conan O'Brien, getting pushed out of his Tonight Show digs at NBC has turned into quite a profitable business.

NBC paid him off -- $45 million to O'Brien and staffers -- when the network decided to reinstate Jay Leno to Conan's spot after Leno's ill-fated months in the 10 pm weeknight slot.

Everyone thought Conan was headed to Fox -- including Fox -- according to Deadline Hollywood's reporting. More talks were said to be scheduled between Conan and Fox after the NAB Convention now underway in Las Vegas.

Then the shocker.

In about less than two weeks, according to news accounts, Conan O'Brien's people decided&hellip