But wouldn’t you agree that if radio is losing listeners, why double down on a losing strategy? Why not implement new ideas to make radio more appealing and compelling to draw more listeners rather than stopping the bleeding?
Of course, I would. The problem is there's no evidence radio is losing listeners. It reaches roughly the same percentage of people it reached 50 years ago.
Now, what is true is that those people are spending less time with radio. I would agree that needs to be addressed. What I don't understand is how adding songs most listeners don't like or don't know would increase that. I agree with you that talk about the iHeartRadio Music Festival is boring to me, but, in listening to WCBS-FM since 8:00 AM Central this morning, I can't tell you one thing the jock has said. Something I learned early on in my long since over radio career is that sounding comfortable, fluid, and like you're enjoying what you're doing is far more important than what you actually say going into breaks. Almost no one is really listening to what you're actually saying, but people will notice if your presentation doesn't feel right.
Personally, I think the biggest problem plaguing radio today is the number of commercials. I've been working from home lately (broken foot). When I drive to work, however, my commute averages about 14 minutes. If a song starts on a local radio station while I'm backing out of my driveway and the station goes to commercial immediately afterward, there's a good chance I'll never hear another song for the rest of my drive. That's a problem, and, if I don't hear at least two songs after I turn a station on, I usually change stations.
What's more complex and something I don't know is how to fix that. If no one were willing to buy the last two spots in a 10 minute stopset, we wouldn't have 10 minute stopsets. Efforts to cut the number of avails, though, have not been shown to raise the prices on the remaining ones. Stations that have more but shorter breaks suffer increased tune out and a lower likelihood of those people coming back. Before it sold to private equity, Clear Channel had the "Less Is More" initiative where the longest spot would be 30, instead of 60, seconds, and it would sell 15 second spots as well in its breaks. It also offered 5 to 10 second "blinks" in the middle of music sweeps and allowed sponsors to purchase exclusive hours where only their businesses would receive any mentions and spots. That effort only lasted about a year and resulted in lower revenue while failing to increase the average audience share per station. Listeners particularly hated the blinks, which they found intrusive during the music sweeps.
I no longer have a job pondering how to solve that problem, but I do remember people trying. Finding something that works is the problem. If that's ever found, you can be certain everyone else will be doing it.