This is sad. I don't subscribe to NERW or to RadioInsight because I live far away and have an interest in US radio, but not an economic interest in US radio (i.e. I don't work in it and I'm not looking for work in it). If I was an industry person, I'd be subscribed to both because they provide useful information and insight into the market.From one radio trade to another, I'm really sorry to see this happening. Somehow, NorthEast Radio Watch will hit the 30 year mark next year, but I'm with Joel: revenue and readership certainly aren't growing. I wish him and his team the very best.
No need to spend on marketing when you've acquired all your competitors and operate as a monopoly/oligopoly.Record label marketing budgets have been cut drastically.
No need to spend on marketing when you've acquired all your competitors and operate as a monopoly/oligopoly.
Forgot about the song charts, songs played on a station boards, and the add boards.Now where will the sample hours go? RadioInsight?
That was always the case as I recall, same with Radio and Records, I agree, I don't have a lot of interest in the comings and goings at the labels but it is what it isI will miss it too but in the last year or two they went down the rabbit hole of reporting every little minutia of record company news that i bet alot of radio people knew nothing about or cared about.
I don't have a lot of interest in the comings and goings at the labels but it is what it is
We've been talking for a while about the lack of new releases in CHR, adding more gold to CHR and Hot AC, and the slowdown of the chart in all music. Those things are bad for business. Both radio & records are built on new music, and it's ground to a halt.Having been in multiple other industries and witnessed dramatic cuts in trade advertising, regardless of boom or bust cycles, this is hardly surprising. There comes a point that kind of expenditure just isn’t worth it.
Yeah, FMQB was really cool back in the day -- thick, glossy paper, high quality printing, and all this cool news about adds and what's hot, plus features where MDs from different stations would talk about new tracks and which would work, which might not work in their area. And the monthly CDs of hot newer tracks. The website replacement is definitely different.Yes, this seems to be a sad day for Radio News info sites, this is Radio & Records and FMQB all over again, but at least FMQB lives on thought it's new name "Dean Media Solutions" or DMS for short.
at least Radio Insight is still working and Lance Venta is making sure he breaks some big radio news on there.
Would any of this reflect on how labels may view radio in general?But if that's where your advertising revenue comes from, you report it.
Perhaps the labels didn't care about all the radio news. So they stopped advertising.
Interesting to me that Billboard, which has a similar business model, has doubled down on music industry news.
Good question. As labels have more and more newer generation people on their staff, the perception of radio's importance is gradually minimized.Would any of this reflect on how labels may view radio in general?