OH MY GOSH, WHAT A GREAT POST!
you haven't had great/long radio careers yet your love/obsession for the business is apparent through your words.
This is poignant and exciting to me to see that the my love for, and years in, radio continues in others... Radio is to me also the greatest business in the world and the only place where you can have that much fun with your pants on
Wow, you nailed it buddy. Right on... up to and including your comment about pants!
If you're like me, you might also worry that some day you will wake up and they will have taken down all the towers, visually signifying the final end of terrestrial broadcasting.
It was so sad to see Broadway Bill Lee say in a recent video interview commemorating his (40 years?) in radio, he said that the disc jockey was essentially a dying breed.
I believe we will see the following events unfold before the towers come down.
(1) New technology entrants to broadcasting will sufficiently dilute the marketplace with national and local, live high quality programming (streaming) products and listeners will adopt streaming radio as a real alternative to such an extent that terrestrial stations will be devalued to the point ownership will be forced to revert back to local / smaller individuals; large corporations will no longer see station ownership as attractive due to decreased revenue potential.
(2) Smaller operators and local owners who have less need or desire for large and continually accelerating revenue growth will acquire terrestrial stations at "fire sale" prices and will be forced to produce higher quality programming to combat the entrant streaming broadcasters, ushering in the renascence and final age of terrestrial.
(3)'Conventional' radio as we know and love it (jocks, jingles, liners and conventional positioning) will remain viable for persons now in the current 30 / 35+ demo, all those who have not grown up acclimated to using new media (as well as those who are technology averse).
Unless the younger audience develops a need and appreciation for the art of conventional radio as a form of entertainment, its viability will be lost in 20-25 years, just as beautiful music became lost as a viable format.
Want to help accelerate devaluing terrestrial stations to expedite the switch to small ownership and usher in the renascence of terrestrial?
Develop superior local streaming products that are competitive in order to extract audience from terrestrial radio at a rapid pace
AND accelerate OEM open technology for in-vehicle streaming, such that consumers are not limited to in-vehicle streaming only produced by the "big guys".
Vehicular audio streaming via blue tooth and smart phones is less than optimal, we need a dedicated, open streaming device in the dash board that can pick up any source. And we need it now.
No doubt, I have opened this discussion up. Can't wait to hear from y'all.
(2)