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#11
February 23rd 08, 07:30 PM
posted to rec.radio.shortwave
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For Telamon
David Eduardo wrote:
"dave" wrote in message ... One of the turning points on the way to the demise of traditional broadcasting in the USA was the NAB's flat refusal to adopt Eureka 147 because legacy stations would lose their higher-power legacy facilities and AM would have equal footing with FM. Eureka did not even get to the NAB level; the band in the US is reserved for military uses. It has failed miserably in canada, too. Since then, Sirius and XM filled the void. Radio has been bleeding red ever since. No, satellite has been bleeding. Clear Channel had EBITDA of $1.8 billion last year while the satellite companies collectively lost $1.6 billion. Radio billings were up 2% last year. Everybody's bleeding 'cept for me and my monkey. |
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