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Consolidation blamed for job losses in radio

R

Radio55

Guest
From Radioandrecords.com
Hmmm, Seem I'm not the only one who believes this.

Your thoughts appreciated.

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Coalition Blames Job Losses On Radio Consolidation
Aug. 10, 2006
By Jeffrey Yorke



A new study, “Employment and Wage Effects of Radio Consolidation,” produced by the Future Music Coalition finds that consolidation in the radio industry has resulted in fewer broadcasts of local news reports, and less diversity among music formats and in radio’s overall presentation.

The 30-page study finds that the combined market share of the top four radio companies in each local market increased by an average of 14.3% between 1993 and 2004 across 265 markets. It finds that cities with higher degrees of radio consolidation had greater job losses among news reporters and broadcast technicians from 1996 to 2003. Markets with higher degrees of radio consolidation experienced smaller wage growth for disc jockeys and news reporters from 1996 to 2003, says the report.

[EDIT-rest of article truncated for unauthorized use of copyrighted material. This is in violation of both R&R and radio-info's TOS. In future please put a URL in your post so that interested readers can follow the rest of the story. Thanks, Global Moderator]
 
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