I spent time working in traditional radio. I understand how the radio business works. And I understand why traditional radio stations feel like they’re in constant trouble these days.
Satellite radio, cable music, Internet streaming music and now podcasting, are all taking a chunk out of the regular radio pie. 20 years ago, your local radio station didn’t have any real competition. Now they have to work hard for their dollar. Yet, many stations still act like they own the show, refusing to acknowledge that things are changing. In my opinion, if traditional radio doesn’t change their mindset, they will face disintermediation.
Here’s what’s wrong with traditional radio:
1) Too few owners control too many stations. When the FCC allowed the big boys like Clear Channel to buy lots more stations, the listeners lost choice. Who cares if there are 30 stations to choose from in your market if they’re all playing the same song at once? Podcasting gives listeners choice – lots of it. You can listen to Cream one minute and the Boston Pops the next and follow up with a how-to photography show, all in the same hour.
2) Too many breaks, not enough content. Dave Ross, once a very popular morning drive host on powerhouse KIRO in Seattle has been moved to afternoon drive where he delivers a grand total of 22 minutes of real content in any 60 minute period. Between commercials, promos, news and traffic, we only get 22 minutes of Dave. Not enough – and people are tuning out in astonishing numbers. Podcasters are smart enough to know that commercialization of their medium needs to be done carefully and tastefully so breaks are usually kept to a minimum.
3) Broadcasting doesn’t work like it used to. Advertisers are much more sophisticated than they were 20 years ago. They realize that narrowcasting offers more bang for the buck and here’s a place where podcasting offers real change. You could never run a radio station that played only square dance music and get away with it, but you could run a square dance podcast and that demographic while narrow, is perfect for guys who sell plaid skirts and straw hats.
4) People are busy. And if your favorite radio show comes on when you’re not in the car, chances are you don’t hear it. Podcasting allows for time shifting, much like TIVO. That convenience has people spending an amazing two to three hours a day with their iPods, listening to their favorite shows. And they’re listening everywhere – on buses, trains, planes, ferry boats, in cars, home offices and anywhere there’s a computer or an iPod.
And these are just some of the most obvious problems.
So can traditional radio survive? Absolutely. Even though I am a podcasting fool, and a strong advocate for podcasting, I want traditional radio to survive. I love the medium. If radio station owners use their original content in original ways and start podcasting certain shows to small segments of their audience, they too can enjoy the benefits of podcasting and can in fact, be a great addition to the professional podcasting community.
Tell your local radio station owner to call me. I can save him.