The attendees at this year's NAB radio gathering in Philadelphia heard over and over again that new media is accounting for more and more of their advertising revenue.
No one seems to know how much of radio's ad pie new media will eventually eat and it appears to me very few of the big bosses (the only ones who are attending this conclave among the major consolidators) care.
Avoiding bankruptcy -- sure, they care.
Reinventing the wheel -- absolutely, they are into it.
Meanwhile, the companies that pander to the radio industry (I could have said sell things to the radio industry), are cranking out happy horseshit&hellip
- iHeart Will Be Selling More Than Aloha Trust Stations
- Alpha’s Secret Station Sales
- Lenders Looking to Take Control of iHeart
- The Jim Cramer Pro Entercom Charade
- The 2nd CBS-Entercom Pre-Nup
- Entercom's Sports Focus Scaring Investors
- Townsquare Clamping Down
- iGen's Relationship with Radio
- Which Stations iHeart is Preparing to Sell
- Mary Berner's Future at Cumulus