Makes one wonder whether the rare markets that still have a powerhouse on AM -- Boston/WBZ, Hartford/WTIC, etc. -- continue to see significant AM listening long after the band has been virtually forgotten elsewhere. Or will the 55-to-grave demos turn to 65-to-grave and 75-to-grave with the passage of time and there will no longer be enough advertising to support even those stations?
The physical presence of those OTA signals continues to give those stations a brand awareness in their markets, even as listening very gradually shifts to digital platforms and smart devices. The question is will the growth of the streaming audience ever catch up with the decline of the OTA audience? I'm sure the AM operators would like to see that happen ASAP but so far it's been a net loss. If the audience and revenue declines lead to even more cost-cutting at those stations, that could translate to even less compelling programming and the whole thing may end up becoming a vicious, self-cannibalizing circle.