Reinvest In Artist Development

By Steve Meyer, Inside Music Media

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Help the Needy — Radio Consolidators

It's Christmas and time to help the neediest. And CBS, Citadel, Entercom and Clear Channel would have you believe that they are the neediest. These groups along with TV and newspaper execs are trying to get the FCC to repeal the "severe ownership restrictions" in a time when technological and marketplace developments have made competing more difficult. Are these people serious? The radio industry got everything they wanted in 1996 with passage of the Telecommunications Act. And all they've proven ten years later is that they couldn't run more than two stations in a market even with a virtual monopoly. Now they want another bite of&hellip

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Radio’s Declared Victory Over Satellite

This is what's wrong with terrestrial radio. Their leaders have lost focus on what's important. Cumulus CEO Lew Dickey mocked the satellite industry at a UBS conference saying it would have been cheaper to put toasters in cars. Many radio broadcasters let their egos get in the way when it comes to satellite radio. Satellite is not their real competition -- the loss of the next generation to the mobile Internet is. And some satellite operators are trash talking radio as well. Sirius CEO Mel Karmazin's disingenuous comment that he'd love to see terrestrial radio's revenue up by double digits is the same thing from the other side.&hellip

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Ads On Your Cell Phone

There is fairly recent research that shows about one-fourth of all cell phone users would be willing to look at advertising on their mobile phones in return for free service. A Harris Interactive research poll in August also says that 7% of current mobile phone subscribers would be interested in receiving relevant promotional text messages with some caveats. The ads-for-free-service trade-off is consistent with what I have observed among samplings of the next generation. They have ways of ignoring advertising to keep things free. But it's the 7% of&hellip

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More Sirius Trouble

It didn't take Sirius CEO Mel Karmazin to announce yesterday that the satellite company was going to miss its subscriber projections -- by 200,000 by the end of the year -- to know it was in deep trouble. At least not for me. Working with the next generation at USC, I have become all too familiar with the reason why Gen Y doesn't subscribe in great numbers to a satellite service. It's money -- or the lack of it and a disinclination toward subscription services. Howard Stern boosted Sirius' subscriber count in his first year, but Stern appeals to older adults. And even the 500,000 paid subscribers he attracted was nowhere near what&hellip

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