Just when I thought I was going to close my comments for the night, I check my email and find the below link which is very much on topic and comes from Edison Research.
Yes, the change is coming but it is moving slower than most of us realize. There are many reasons for this but I will cite two.
1) Traditional radio is a habit. It's actually a good habit to have, because while it's true that you can manipulate it to a certain extent, you cannot all manipulate of it all of the time. The atmosphere and its effects on frequencies, especially AM and shortwave, help see to that.
2) The new media costs money, money that many people don't yet have. For example, while many writing on this Board have paid subscriptions to satellite and on-line services, I, living on a fixed income, really don't have that kind of money and I now don't expect that I ever will. Beyond my personal situation, the behavior of the current leader towards tariffs and other matters have made our lives almost overnight unstable. Not many people want to purchase satellite or Internet accessibility when the retirement income they are dependent upon has suddenly become much riskier.
So yes, it's coming. But it will be gaining traction more slowly than many of us realize.