"Radio Ron" wrote in message
...

wrote in message
"When BainCapital opened the books it revealed the enormous sums of
money and time wasted with HD Radio conversion – at $100K per
station....

So, a station is putting less than 1 percent of it's revenue into new and
experimental technology is causing a radio recession?

The gross revenues for CCU last year was $6 billion. Radio only was about
half that. Over the last 4 years, CCU has converted several hundred stations
to HD.... let's say it is 100 a year... that's $10 million out of $6
billion. In any case, the HD installs are capitalized and depreciated over
multiple years. And capital expenses do not affect revenues at all.