David Eduardo wrote:


You do know, I hope, that during the entire period
that data was available, from the mid-50's to the mid-90's, half of all US
radio stations did not make money?


And with a total revenue share of 100 in any market, that isn't going
to change. Consolidation can move that red line a few positions
deeper, but all the technology in the world, all the cost cutting in the
world, will not change the fact that there is only a 100 revenue share
in any market, and not all stations can survive.