EbolaMonkey said:
Who says it needs to be saved? Who says it's in trouble?
The statistics show it is in trouble.
1. Audience. AM accounts today for less than 20% of all radio listening, and less than 10% in ages under 35.
2. Billings. Almost every significant AM is off in billings, mostly because the audience is ageing each year and advertisers are not buying 55+ audiences on radio.
Here in Dallas-Ft. Worth, there are just a handful of blow-torch AM frequencies. WBAP 820, KLIF 570, KRLD 1080, KSKY 660, and KAAM 770. KTCK 1310 and 1190 AM have less powerful frequencies but offer decent coverage of the core market.
The "Core Market" consists of Colin, Dallas, Denton, Ellis, Hood, Johnson, Kaufman, Parker, Rockwell, Tarrant and Wise counties. Neither KSKY not KAAM cover them day and night, so there are, at best 3 AMs in the market that cover it completely, day and night.
This is pretty good. Some markets, like Washington, DC, have no stations on AM that fully cover the market. Others have 1 or 2. There are really less than 200 viable stations on AM in the top 100 markets and, maybe, about 100 more marginally viable ones... about 300 in total in the markets where about 65% of all Americans live.
Of the above, WBAP and KTCK are among the highest billing stations in the entire market, counting all AM and FM stations.
WBAP is falling in salable ratings. Over time, it will cease to be a billings leader, but this will be slow unless, like many AM talkers and news stations, it moves to FM. The Ticket is another candidate for going to FM, as it uses multiple frequencies to try to cover the metro and does not succeed.
KRLD usually stays in the top 15 in the ratings. So two of the seven are tigers.
WBAP is now 16th in 25-54 sales demos, and KRLD is 24th. It will be very hard to sustain billing levels on either for long unless they get the numbers under 55 up into the top 10 at least.
If you look at the percentages on FM, are there really proportionally more success stories? And remember that many more FM's have nice coverage of the core market than their AM counterparts.
Under age 55, nearly 90% of all radio listening is to FM. In fact, if we take AM out of the picture, radio listening looks much healthier than the pundits claim.
IBOC doesn't sound good enough in AM stereo to offer a serious challenge to FM music stations.
On a good HD radio, an AM offering a unique format sounds good enough to generate ratings. I have heard music on the Radio Disney station in LA that sounds good enough to not be confused with analog AM, and is definitely competitive with FM. Of course, this is in a second generation HD factory installed car radio, which is sensitive, and quite impressive.
I don't know that any Dallas AM music stations are attempting stereo IBOC. So for the most part, AM remains a news, talk and sports band regardless of the existence of IBOC.
That's because there are only really 3 fully viable AMs, and each already has a format they want to keep.
[/quote]I think programming still determines the success of an AM station. So let's just drop this idea that IBOC can save a band that's not really any worse off proportionally than FM.
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AM is vastly, enormously and hugely at a disadvantage to FM. It has lost most of its audience, and in the two generations under age 45, does not, basically, exist.