I agree radio is a dying medium, but you still gotta play by the rules.That's way too much for outdated technology on a dying medium IMO.
Doesn't seem like much. But at the end of the day, you're paying for the privilege to add more options on the dial. In today's market, that seems counterintuitive.
This isn't 2006 anymore. There is no opportunity for growth in terrestrial radio anymore. Adding more stations just further divides the shrinking pie.
There are broadcasters bucking the trend. Cenla broadcasting in small unrated market Alexandria, La has HD with multicast on 3 of their 100kw stations. If you saw their studios you'd be blown away that they are in an unrated market with the amount theyve invested. They could do it on the cheap, but chose not to.