> As we all know news is the most expensive format there is.
> And with the number of stations looking at the bottom line I
> for one don’t see an increase in the number of radio
> operations offering more local news in the future. If
> anything some stations currently offering news might cut
> back even further by either having their morning team read
> headlines out of the paper, or have some service, like Metro
> Network, do the same thing.
That's how a lot of news goes on the air these days. Just simply rewrite what was printed in yesterday's paper.
> Remember it’s not just salaries that company pencil-pushers
> look at. It’s health care and medical insurance and, if they
> provide it, retirement plans. Also don’t forget vacation and
> sick time.
Obviously, that has to be a factor in the lower salaries among radio news people. Apparently, there must be only so much money in the budget to go around.
> Another factor to consider is that at stations that do
> provide news, most reporters and anchors’ average in age
> somewhere in their 40s of 50s because younger people are not
> interested in a career in radio news, unless one can hook up
> with a public radio station and then, most of the time, you
> end up working for peanuts. Who can blame a college
> graduate, having to pay off student loans, for refusing a
> job that averages $18,000 to $20,000 a year?
That explains why a lot of news directors at certain stations stick around for 10 years or more, with almost no turnover within that span. After all, what's the use of being the news director at a "hometown" radio station when you can barely pay your rent, or even buy groceries, much less pay back student loans.
> What is the future of radio news? I have no idea. But from
> what I’ve experienced in the 30 years I was in the business
> I have to be a realist and say I just don’t see a resurgence
> forthcoming. The days of a number of radio stations offering
> local news 24/7 are over. Competition for news has been
> replaced with improving the bottom line. And what is even
> sadder is I don’t think the listening audience cares
> anymore.
Agreed. If it weren't for the "bottom line", i.e., the desire to please every Tom, Dick, and Harry on Wall Street, terrestrial commercial radio's outlook wouldn't be as bleak as it is now.