A story that is representative

  • A story that is representative of the massive consolidation and homogenization that is ongoing in the radio industry: the NY Times reports on the sale of commercial classical music station WNIB in Chicago to Bonneville Communications for $167million. Largely run as a labor of love, the station is likely to be changed to pop music or some other established radio format by the Mormon Church affiliated broadcast conglomerate. This is just one example of a story that is repeated across the country as classical music and other supposedly unprofitable formats are squeezed out of both the commerical and non-commercial FM bands.
    What’s interesting about many of these situations is that it is not as if the owners of these stations are losing money. Simply, they’re just being offered obscene amounts of money to sell out to corporations who have little or no interest in carrying on or retaining their stations’ loyal audiences.

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