DavidEduardo said:
rbrucecarter5 said:
There are hundreds of oldies streams on the internet.
And that's a perfect place for formats whose demos are not salable to advertisers with terrestrial radio.
Satellite is an alternative, but the cost and inconvenience of most installs only being in the car is an issue; apparently over a half-million subscribers have cancelled in the first half of the year... and many more have been lured to stay with free months or a cut rate fee.
Actually, I think I'm going to do the iPhone / streaming application thing. I already have an auxiliary input for satellite - why not dump the satellite myself in favor of streaming?! I get exactly what I want, screw terrestrial radio (well, not really, my preferred formats sell in other markets - like KRTH). Screw LOCAL terrestrial radio I should say. I think this could be an ideal solution for the audience you are most concerned about - the Spanish language audience that has so many formats. They could also find anything they want.
What is going to be really interesting is the radio market in ten years when - freed from geographical restrictions - a very large number of people will stream everywhere. Some niche format on some station in a small town somewhere might just find itself with tremendous ratings - if the ratings services follow the trend, those formerly marginal operations might end up very profitable! I am wondering if all the cookie cutter versions of formats - all the Kiss FMs, for example, might be submarined by the real thing in Los Angeles, etc. Certainly it will take some time for the winners in the streaming ratings contest to emerge, but I bet it is the ones with live DJ's, really high energy, creative, and fun formats will probably succeed and the others fail.
I've already seen a version of this happen in my old home town of Midland. The local top-40 - KCRS - decided to censor the music and not play certain songs they deemed too controversial. It wasn't long before the nighttime signal of KOMA in Oklahoma City garnered a very large following in Midland. I even converted some of the KOMA fans to WLS fans, although the signal from WLS, although strong, was not as good as KOMA. Of course daytime was still the pits, but there was a top-40 in Lubbock that was making inroads into Midland.
The point? Listeners go where the music is - provided it is not too much trouble. Everybody has a cell phone, and the iPhone and similar internet enabled phones are starting to displace basic models. There is only a small step needed to get them to stream, and of course the internet needs to be flat rate or one month's worth of streaming would be prohibitive. Add to that a lot of people already using iPods as their primary music source. Auxiliary jacks are in a lot of cars. The technology is there, a little bit of streamlining and its all over for local radio's monopoly. And that, I think, is a good thing.