One of her suggestions is "reversing the massive consolidation the industry has experienced over the last several years," including investing in the product.
And that is a totally inaccurate analysis and solution. Consolidation came due to the proliferation of FCC licenses where less than half of all stations were profitable, causing a need for combined offices, management, engineering, etc. That's toothpaste you can't put back into the tube.
From what I've gathered, you seem to be on the side of "no, the massive consolidation has worked wonders", and that the industry has absolutely no problem attracting young talent or keeping young listeners.
Radio attracts 18-24's quite well. The new reality is that there is more competing with radio, from video games to streaming. But radio continues to reach about 90% of that group each week.
Consolidation has brought improvements. When I started in radio, in my market only the AMs got ratings, and of 8 AMs there were 3 formats: MOR, Top 40 and R&B. There were 3 MORs, 3 Top 40 stations and two R&B ones. Now, in that market, including of course the FMs, there are more than a dozen distinguishable formats. That is because a cluster can include both high performance formats and more niche ones as they predominantly sell packages, not just one station.
And that is just one example.
Doing "more with less" is the way towards the future, and anyone who dares question the path that the industry is taking is just a bitter "old timer." It's great that you're still working in the business, but you seem utterly unwilling to accept that there are "deeper issues" at all. Everything is fine. Nothing to see here. Move along.
Radio goes through changes. I began when an FM was worthless (and that is why they hired a 13 year-old). AMs had to do one of just a couple of formats available. 8 years later, I owned a larger market FM that got big ratings and had the highest rates in town. Change. We adapted to it.
Ten years later, in a market where FM amounted to less than 10 total shares, one FM changed format and got as high as a 42 share and permanently moved the majority to that band. Another change. All the other stations adapted to it.
We've been through all of that, and are mostly prepared for further change. And no, it won't be the same. It never has been.