I post about possibilities for the future of radio because I think it ought to be a worthy discussion. There is a Radio History forum at RD, and a similar idea at NYRMB, but maybe there needs to be a Radio Future board as well. I think an argument could be made, and I have suggested in in other posts, that history IS repeating itself. Unless radio learns from its past, it is heading for an uncertain future. In the 1950's TV challenged radio by taking away its audience and advertisers. In the internet age, the same thing has happened. In the earlier challenge, smart people figured out how to make radio relevant again and the medium had a fantastic rebirth. In the current onslaught, rather than thinking fresh, the response has been to cut, cut, and pare back some more. My non-professional suggestions are made in the hopes that people who do know how radio, audiences and advertisers work will start thinking about the next chapter.
I have been schooled here that radio needs to evolve, and on that score, I think the business is still in decent shape. Money and audience are still there, but the writing ought to be on the wall that new sources of each are going to be needed by the time Gen X ages out of advertiser interest. New thinking from advertisers might be needed as well. When I have asked before about what new ideas knowledgeable people might suggest, I get laughed at with "trade secret" remarks. I suspect I could call the bluff - there currently ARE no new ideas short of cutting back the tweaked playlist music/commercials radio we have today.
I had heard about the Game Zone idea from long ago, but until the link was posted here, had never seen anything about it. If I learn the lesson correctly, it was too much of a shock to a fading AM Rocker - lesson learned: Radio changes need to evolve, but maybe in smaller doses it would have helped instead of failing. And, taking the lessons learned into account, 40 years later can/should it be attempted again?
I think I have heard suggestions that 'radio' will simply be moving to the internet. Setting aside the question of what kind of a write off current broadcasters will need to take on all their investment in terrestrial infrastructure, I think an internet radio world will be a much smaller compartmentalized existence that earns a lot less money. The Miami Herald recently ran a story on a successful internet entertainer who is earning $3000 a month from 40000 Twitch followers and a couple of hundred from YouTube postings. That's still just $36K a year, and I bet major market radio pays talent more than that.
A standing question remains: What can Radio do to attract Millennials and GenZ ? To the Moderators: Would a Radio Future discussion forum be an idea?