Things have been a little on the slow side here. Here's a different spin as it regards the business of radio. I'm sure you all remember that scene in the Godfather movie saga where the "families" divide up the respective business territories ensuring everyone wins and no one competes directly with each other. Murdering aside, it's strictly business and they were/are effective business people.
With the Federal Government reaching more and more into the private sector, imagine if some Godfather type bureaucrat came to each market and mandated certain things such as inclusion of displaced listeners and spreading the weath among ownership so no one was the dominator. Imagine 3 radio "families" or owners who individually would only be authorized to present only 1 of the top 3 billing formats. So One "family" /owner lets' say would have exclusive rights to country, the other urban and the other AC. Remaining stations in the cluster would not be allowed to duplicate any other second tier format the other families/owners carried. Everyone would have exclusive rights in selling certain formats and realizing the greatest profits thereby increasing $$$ to the ultimate Godfather.
Realizing some of this is tongue and cheek, consider the profit potential for each owner. Let's say country can earn a 10 share in a market. Today, there may be 3 stations getting 3 shares across different ownership. Imagine if a company could keep that whole piece of the pie themselves. Likewise other formats in other ownership could realize the same potential. Imagine commonality of earning double digit shares and selling that!
Anyway, let's see how this subject flies. My mind gets a little crazy when things get a little slow. Seriously, it could be a profit alternative approach to radio so I feel this would be an appropriate post for the business of radio. Could it happen? I can't be certain of anything anymore.
With the Federal Government reaching more and more into the private sector, imagine if some Godfather type bureaucrat came to each market and mandated certain things such as inclusion of displaced listeners and spreading the weath among ownership so no one was the dominator. Imagine 3 radio "families" or owners who individually would only be authorized to present only 1 of the top 3 billing formats. So One "family" /owner lets' say would have exclusive rights to country, the other urban and the other AC. Remaining stations in the cluster would not be allowed to duplicate any other second tier format the other families/owners carried. Everyone would have exclusive rights in selling certain formats and realizing the greatest profits thereby increasing $$$ to the ultimate Godfather.
Realizing some of this is tongue and cheek, consider the profit potential for each owner. Let's say country can earn a 10 share in a market. Today, there may be 3 stations getting 3 shares across different ownership. Imagine if a company could keep that whole piece of the pie themselves. Likewise other formats in other ownership could realize the same potential. Imagine commonality of earning double digit shares and selling that!
Anyway, let's see how this subject flies. My mind gets a little crazy when things get a little slow. Seriously, it could be a profit alternative approach to radio so I feel this would be an appropriate post for the business of radio. Could it happen? I can't be certain of anything anymore.