Radio on Hospice

If you go by my mail, a lot of readers are scratching their heads about Emmis CEO Jeff Smulyan's decision to give 41-year old Chief Financial Officer Patrick Walsh the additional responsibility of running U.S. radio operations.

The radio industry sure has a lot of financial wizards running things.

It's clear that the radio industry still doesn't get it.

The problem with radio is not money.

It's worse.

It's a lack of compelling and addictive content. Failure to create content for the mobile world and a terrible misunderstanding of what the Internet can mean in terms of future revenue. Plus a total&hellip