You missed the point which is not surprising. I'm not bitter at all. Radio is stuck in the past, not me. Look at the typical Classic Rock playlist. It's a joke.Really? So the challenges don't include increasing competition from other 'digital' sources? I can tell you're for whatever reason bitter about radio, but you seem to have lost perspective with that sort of comment.
Listener's are selfish. And I don't mean that in a pejorative sense. They consume the media that's convenient for them. Back in the day you seem to be stuck in; that was tuning in the local radio station and format(s) of choice. Now there are smartphones which not only serve up hundreds of audio or video choices, but games, navigation, textual communications with friends, E-mail, creating your own playlists, podcasts, and even live video chat, all in the palm of their hand. You don't think that's stiff competition for traditional radio?
Radio is one way 'broadcasting', and is still around. To assume that people are going to just dump their smartphones and go back to carrying around a portable radio because somehow jocks will be allowed to play their own music, lacks an understanding of media today.
Radio used to be about making a connection with the listener. It's more than just a playlist. You don't seem to grasp the intangibles that made Radio unique. Corporate takeover made things worse as cookie cutter formats took over. It's true that Radio has more competition now than just other stations. The owners are the ones who don't seem to get that...