Everybody in radio is chasing the same demographic & ignoring all the others. Its like a street full of stores on a block with one very successfull Pizzaria on it. If all the store owners on the block thought like radio people, they'd all convert to the Pizza business. A whole block of Pizzarias from store # 88 to store #106, all fighting for the same customer. And most of the customers are fleeing to the other blocks because many of them with money in their hand, want Ice Cream, or Tex Mex, or Deli, or SOMETHING ELSE. FM Radio is still a viable medium for Oldies (and other formats). Why these empty suits are driving listeners to MP3 Players and Satellite Radio is beyond me. Once gone these listeners will NEVER return, but by then, the empty suits will be into the next Hot Field, and the younger people they sought will have moved onto the next new technology also.
The Radio Listening public is like a Pizza Pie. The more slices you cut into it, the smaller the slices must be. There's nothing wrong with being rated # 8 in NYC, a 30 station market, billing millions and playing Oldies. Yeah, it might make your salespeople have to work harder to find suitable advertisers, but most of them can't because they're young people who want immediate gratification, a big paycheck, easy sales, and 3 day weekends. Since they are so young, they also have no idea what "Boomers" do or Buy, or where they spend their money, and they do no research to find out... and Buddy WE are driving the economy with travel, cars, 2nd homes, expensive electronics, etc. Not to mention buying things for our kids.
Playing the same 200 40 year old oldies records over and over is not what makes for a great sounding Oldies radio station, but oh yeah, the young people doing the programming nowadays only know the top layer of Oldies music, so thats what they play, thinking we, the listeners are idiots, who don't know better. I know of one oldies programmer who got his playlists and contests and station's "excitement" by lifting another stations ideas in the same listening area. Of course they only bought a 2 Jingle package. Is that PROGRAMMING?
Stop telling Listeners who are not being served "You are losing Millions". If you dont now how to run a station get someone who does, or get out. The frequency belongs to the people of the USA. You are licensed to broadcast to serve them on that frequency. You can't all sell the same crappy pizza.
Radio is being destroyed FROM WITHIN.