Yes, absolutely yes. The article is well written and lays it out there.
Radio has fallen prey to people/companies that are not passionate. If you take the newspaper, telephone, radio or television business and see how they are doing today compared to their beginnings... Radio doesn't look very good, we look better than newspapers, but not much better.
The telephone business is booming. They are seeking and implementing new plans. If radio is compete in this environment it must adapt as well. It isn't about ratings, it's about an audience that can be delivered to a client. Some will say that it's about the talent, if it was, then the big guys would be winning hands down. They are not.
When 8 tracks and CB were at there peak was that a good time to invest in those businesses? Radio as a business is failing, so what are we to do to turn it around?
Right now, stations are available to be bought, no money is available for investment because of the current track record of the big guys.