Your continual efforts to make this a "me vs. you" arguement, and to make this an INDIVIDUAL discussion instead of a broader discussion of the industry as a whole is simply an attempt to divert attention from the real problems that radio faces AS AN INDUSTRY.
My personal situation is really irrelevant to the discussion. Suggesting that everyone who disagrees with your corporate radio philosophy should abandon commercial radio and offer there services for free to community broadcasters is not a solution for either individuals, companies, or listeners.
Advising everyone to get into ownership in an attempt to control their own destiny is equally impractical. Most of us who work in radio can't sustain ourselves for the length of time required to get a business off the ground. The most likely candidates for that option are those who are collecting unemployment, and even that launches you into a sticky situation with the unemployment rules.
Your point of view smacks of the "it's my money, I can do whatever I damn well please" school of thought. Well, guess what. It ain't necessarily so, because MOST of it ISN'T YOUR MONEY, and because you have a LICENSE to operate on airwaves that are OWNED BY THE PUBLIC.
The consolidators by and large have blown their fiduciary responsibility to shareholders, investors, and lenders. How that all shakes out has yet to be seen. Whether there will be charges at some point has not yet been addressed. The country currently has bigger problems, and what ultimately happens has yet to be determined.
Bankruptcy doesn't leave radio stations ultimately in the hands of the government. The real process is that the company typically ends up being run by a "debtor in posession", which is often the current management team, while the seven largest creditors try to decide whether reorganization is an option, or if liquidation is the only answer. The government oversees this process. As we're seeing with Chrysler and GM, the process can be expedited, and government oversight can end withing 60-90 days. That's not the norm, but it can be that fast IF the major creditors get onto the same page quickly. Hence, Citadel hires a firm like Lazard Freres & Co. to "provide financial advice".
Your view of radio is that the debt load is not the driving force behind the current revision of programming and content distribution. Your point of view is that the recession is simply speeding up an ongoing process. Well, there certainly does seem to be some evidence that corporate radio has been reducing the role of talent for a long time. Your own attitude toward talent as "overpaid" and "lazy" certainly reflects an attitude that I've heard from corporate management quite often - a lot more often than I've heard it from local management who actually SEE the results of local talent daily.
For those who've forgotten your view of radio's future, let me refresh their memories of your suggestions for Citadel:
TheBigA said:
They should also encourage local volunteers who will program their classic rock station for free. I believe that would be a lot better than the lazy aging overpaid boomers they have now. Community involvement in the station would be promotable, give listeners a stake in their station, and be cheaper than syndication. I bet people would KILL to be on the air for free.
If you think the "lazy aging overpaid boomers" aren't entertaining, you should try actually listening to amateurs.