Will post my comments from an earlier thread. Radio in small and medium markets is actually up 7%. PPM markets are also seeing a rebound in advertising sales. Interestingly, internet dollars are up, but that is primarily because of the thousands of new sites each day adding to the revenue pie. In reality, established internet sites, outside of search, are struggling. Newspapers failure to monetize their internet sites helped lead to their decline. Here were my earlier comments:
Don't think I agree. The one big thing the PPM has taught us is the power of radio as a listening and advertising medium. 235 million people tune in to radio in this country each day and some of the biggest users are twitter, facebook and myspace fans along with I-pod fans. Radio, it turns out is a complimentary media. (maybe why new Zunes included FM) Will radio change? Yes. Will it go away? No
The one thing I have also learned on the national sales side is that live, local with compelling music or talk wins. It seems to be content driven. Look at the winners 25-54:
Philadelphia: Killer B. Personality AC
Houston: WVEE-FM Personality Urban
NY: Z-100 Personality CHR
LA: KISS Personality CHR
Dallas; KISS Personality CHR
Boston: KISS Personality CHR
Chicago: WTMX Personality HOT/AC
Seattle: KPLZ Personality HOT/AC
Detroit: The Ticket: Personality Sports
WDC: WTOP: Heritage News Talk
Atlanta: WVEE heritage personality Urban
Heritage, live, local and content win in each market. No automated stations. Each of these with almost a million listeners to five million listeners a week depending on the market. Radio is hardly dead. What is dying is internet on the advertising side. I sold internet ads for 15.00 CPM two years ago. You are lucky to get a dollar today. Newspapers and stations that focused all their dollars on internet are really feeling the pain today. The internet is growing, but the cost to advertise has geometrically shrunk. It grows because the number of players grows by thousands each day, but only "search engines" have really made money.
Don't think I agree. The one big thing the PPM has taught us is the power of radio as a listening and advertising medium. 235 million people tune in to radio in this country each day and some of the biggest users are twitter, facebook and myspace fans along with I-pod fans. Radio, it turns out is a complimentary media. (maybe why new Zunes included FM) Will radio change? Yes. Will it go away? No
The one thing I have also learned on the national sales side is that live, local with compelling music or talk wins. It seems to be content driven. Look at the winners 25-54:
Philadelphia: Killer B. Personality AC
Houston: WVEE-FM Personality Urban
NY: Z-100 Personality CHR
LA: KISS Personality CHR
Dallas; KISS Personality CHR
Boston: KISS Personality CHR
Chicago: WTMX Personality HOT/AC
Seattle: KPLZ Personality HOT/AC
Detroit: The Ticket: Personality Sports
WDC: WTOP: Heritage News Talk
Atlanta: WVEE heritage personality Urban
Heritage, live, local and content win in each market. No automated stations. Each of these with almost a million listeners to five million listeners a week depending on the market. Radio is hardly dead. What is dying is internet on the advertising side. I sold internet ads for 15.00 CPM two years ago. You are lucky to get a dollar today. Newspapers and stations that focused all their dollars on internet are really feeling the pain today. The internet is growing, but the cost to advertise has geometrically shrunk. It grows because the number of players grows by thousands each day, but only "search engines" have really made money.