Tom Wells said:I can find no coorelation to the $$ flow or value of any station vs. the enjoyment I have recieved from them at times. Some were making a lot of money, some were in total collapse, but either still able to do that special thing that radio does.
The ability to bring in more money than goes out is the long-term issue. While a new idea may be funded, if it does not provide an income capable of sustaining the concept, it will eventually die (unless it appeals to a potential owner with lots of money and little sense).
Radio has been called a bi-modal marketing situation, where the users are not the income providers. Or where the true users are the ones who provide income... advertisers... so a model that does not give advertisers a large audience will not be sustained by them.
I have found more examples of things that appeal to me yet were not profitable in television and magazines over the years. But I did recognize that my interests might not represent enough other people to be viable for a broadcaster.