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![]() There are actually times when I miss ol' Frackleton and his tirades extolling the virtues of companies like Clear Channel (now iHeart Media, and Cumulus) while railing against those in the group with a clue, who insisted that debt would kill these companies, and the careers of thousands of professionals streeted by them as they collapse. Well, today, Bloomberg published a story describing the 11 figures of debt incurred by these companies, the collapsing revenues brought about by their lack of understanding of the listening public's tastes, wants and needs, in the face of mounting competition from other, newer media which understand the concept of mass customization. Proving all those who insisted Frackleton was denying the truth were not only right, but right with a bullet. Funny, how karma works. Many of those who ran Frackleton off also insisted that shortwave broadcasting shutting off the transmitters in favor of internet broadcasting were, in fact, short sighted. Hmmm. And as the politics of the world continue to become more dangerous, and the internet becomes more and more censorable, how many broadcasters are looking back at the HF transmitters gathering dust as a possible resource to communicating with the world? Hmmm? p |