12/8/2008 6:12 AM
Music industry blog Hypebot this morning offers up some thoughts from Kevin Bylin of the independent record label 50 Entertainment about, as Bylin phrases it, "Top 10 Reasons Radio Stations Are Bleeding Money." In Bylin's view:
Commercialized radio may not die out entirely, but it will bleed money in the meantime. The local radio stations stand a better chance because they have the advantage connecting with their audience and being more able to adapt to the needs of their market.
Some of the criticism (and Clear Channel bashing) is familiar, but some of his points are sure to be raised in ongoing debates about localism and radio in the coming year.