So, if so, why go out with a bang than a whimper? It makes no sense at all to me.Technology is not built to last forever. Quite frankly, 105 years for AM and 83 years for FM are remarkable lifespans. Both outlived analog television by decades. But AM has minimal listenership and depleted relevance because people saw FM was a much better product decades ago, and went there instead. Technology keeps changing and younger people have access to so much more content than ever before. Inevitably the FM dial will change and adapt.
The funny thing is, Spotify is total narrowcasting but they make money because the technology they use allows for ads to be inserted at specific intervals. iHeartRadio does the same thing. Those allow to be more in tune with individual tastes but using the same formula that traditional broadcasters use.
There will always be a platform for music, it might not be exactly where it always has been, but it'll be there.
You guys are just letting it happen by appealing to an older demographic and not the 15-35 year olds.