The FCC and your elected officials are responsible for the current sorry state of the broadcasting business. Wall Street distracts us. Steve Jobs attracts us. And Congress, the enabler of many of today's problems for broadcast media whacks us.
Congress passed the Telecommunications Act of 1996 tacking on radio consolidation before the final vote. Congress in its infinite wisdom (or lack of it, thereof) developed the template of growth for the radio industry. A few owners own virtually everything worth owning. It created Clear Channel, the Clear Channel clones and made it impossible for small owners not to sell out to the&hellip