We see posts often on Radio Discussions questioning why stations don't program to older listeners. Often, such posts are antagonistic towards radio stations who have nothing to do with how major advertisers plan campaigns.
So, today I saw an article with this headline:
"
Just over half of Americans over the age of 65 are earning under $30,000 a year, and it shows how stark the retirement crisis is."
This is from
MSN
And it says, in fair usage part:
- A new report from Senator Bernie Sanders signals a looming retirement crisis for Americans.
- Many older Americans are financially vulnerable, with over half living on incomes of $30,000 or less a year.
So when one of us who has a comfortable retirement income now or planned in the future, it's important to understand in a discussion of radio that there are solid reasons why advertisers won't buy on older-leaning stations. And with no ad budgets, no stations can survive with formats that play music from the 50's and 60's and even a lot of the 70's.