This is an early warning that 2011 will not be like 2010 or any other previous year since radio or record industry consolidation.
In fact, 2011 will not resemble anything the media industry has ever seen before because several circumstances are driving the owners of big radio and record companies to acts of desperation.
This is important because, if I am correct – and I wouldn’t be saying this if I didn’t believe it – hold on tight, it’s going to be a rough ride.
In spite of some of the scary things I am going to share with you, there are a few good opportunities that will occur that even a year ago would have been unthinkable.
Maybe some respect for good old mom and pop.
A second chance.
Investment banks are doing something so blatantly telling that it can predict what they are up to as owners of radio companies in the next 12 months. I’m surprised so few have noticed.
What Bob Pittman’s hiring foretells about the change in direction ahead.
And four documented examples that will illustrate how 2011 will be a year like no other in the radio industry.
Oh, and somehow even Randy Michaels may figure into all of this.
- Cumulus Cash Flow Crisis
- Why Are Spotify & the Record Labels Getting into Podcasting?
- The Westwood One Dilemma
- Entercom & Cumulus Outsourcing
- Should Radio Be Rebranded Audio
- Summit Media as a Potential Buyer
- The Projected Effect of Podcasting on Radio Listening
- The Cumulus Leftovers
- Entercom’s Cost Cutting
- iHeart’s New Beginning