So what happens to the AM band if the stations just start shutting down.There may be nobody left in 10 years who wants a donated AM. EMF only buys FMs, and the other religious broadcasters as well as the leased-time ethnic station operators will surely follow suit. AM is on its way to being a ghost band. Some broadcasters will surely go out of business, and every city will have much less radio, but that's the way things go as technology and public preferences change.