Consultant Fred Jacobs has an interesting article in his July 31 newsletter. It's entitled "Radio's Last Contest" and it goes on to detail a contest held 100 years ago by Radio Broadcast magazine about "Who is to pay for broadcasting and how".
Among the contest responses: "... suggestions for how radio might pay for itself ran the gamut, including “slot machine radios.” Here’s the concept: You’d put in a nickel, the radio signal would “unscramble” for two hours of listening. What a deal!"
Read it all at:
jacobsmedia.com
And here is the original issue:

Among the contest responses: "... suggestions for how radio might pay for itself ran the gamut, including “slot machine radios.” Here’s the concept: You’d put in a nickel, the radio signal would “unscramble” for two hours of listening. What a deal!"
Read it all at:
Radio's Last Contest?
If you're in radio, you're no stranger to contests. But did you know there was once a national contest to try to figure out how to monetize broadcast radio. It happened exactly 100 years ago, and you just might be surprised to learn what was the winning entry.
And here is the original issue:
