Jim Cramer: "Radio is finished as we know it"
The host of CNBC's "Mad Money" and the co-founder of TheStreet.com said on Wall Street Confidential that the merger of XM & Sirius will be "just another nail in the coffin" for terrestrial radio. Cramer added, "Once XM & Sirius team up, it will be uniform & across the board, every car's going to have it. Cars are what radio is about. Radio is finished as we know it." Cramer also called the Clear Channel buyout by private equity firms Bain Capital Partners and Thomas H. Lee Partners "a dead deal. Everybody knows the Clear Channel deal is a disaster." Watch the video of Wall Street Confidential with Jim Cramer here
IF radio doesn't embrace it's last saviing idea and that is to get behind and support installing FM in Phones, Ipods, Etc
This is probably the last good idea for radio to make a comeback, but i'm no so sure radio has the visionaries of yester-year so Jim Cramer is unfortunately right.
Radio and it's lack of marketing know how blew HD.
Major announcement next week regarding K-Earth Los Angeles
The host of CNBC's "Mad Money" and the co-founder of TheStreet.com said on Wall Street Confidential that the merger of XM & Sirius will be "just another nail in the coffin" for terrestrial radio. Cramer added, "Once XM & Sirius team up, it will be uniform & across the board, every car's going to have it. Cars are what radio is about. Radio is finished as we know it." Cramer also called the Clear Channel buyout by private equity firms Bain Capital Partners and Thomas H. Lee Partners "a dead deal. Everybody knows the Clear Channel deal is a disaster." Watch the video of Wall Street Confidential with Jim Cramer here
IF radio doesn't embrace it's last saviing idea and that is to get behind and support installing FM in Phones, Ipods, Etc
This is probably the last good idea for radio to make a comeback, but i'm no so sure radio has the visionaries of yester-year so Jim Cramer is unfortunately right.
Radio and it's lack of marketing know how blew HD.
Major announcement next week regarding K-Earth Los Angeles