Tuesday, April 21, 2009

Radio: The NAB - if it wasn't for bad luck....


It was bad enough when CNBC ran a brief piece titled Clear Channel or Static Interference on CNBC’s Street Signs where host Erin Burnett asked a direct question – “Is the Clear Channel deal going blow up or not?” to the usually unflappable Thomas H. Lee co-President Scott Sperling, whose reply channeled Porky Pig on a b-b-b-bad day.

It wasn’t exactly the positive spin the radio industry was counting on from Clear Channel as a lead-in to the NAB show.

Sperling’s appearance was to also serve as a morale boost for the beleaguered Clear Channel market managers who were summoned to San Antonio for their latest herd thinning orders.

It only got worse when CC radio head John Hogan released the most unconvincing, conniving press release, which all other disingenuous press releases will be measured against for the foreseeable future. It declared that Clear Channel born again of fresh new initiatives that would show its commitment to the wants and needs of their cities of license.

Hogan even sent a rewrite of this terribly-written press release in letter form to Rep. Henry Waxman (D-CA), the Chairman of the Energy and Commerce Committee, which you can read here. 

It did nothing other than humiliate the entire radio industry.  When the company with the most number of stations commits a faux pas of that scale, what message does it send to everyone from the ad community to the government on the way it conducts business?

Can you imagine a conversation between Hogan and Fumbles?

Fumbles:  Oh, you speak bullshit too!  Hogan: It's like a second language to me.

Tribune Chairman and CEO Sam Zell conveyed more discomfiture when he told Bloomberg TV that his leveraged $8.2 billion deal to buy that company, including its radio and TV assets, was “a mistake.” His quote, “If you bought something and it'snow worth a great deal less, you made a mistake and I'm more than willing to say I made a  mistake.”  He could’ve been speaking of the “buy now, figure out what to do with them later” business plan the radio industry followed post-deregulation.

At least Zell sidekick Randy Michaels’ reputation as king of all tosspots is secure.  He’s now done to newspapers what he already did to radio and TV.

Want more?  There’s plenty.  The Scranton Standard-Speaker reported last Friday that Citadel’s WARM-AM, licensed to that city, had gone silent two days earlier – and its corporate Chief Operating Officer Judy Ellis, knew nothing about it.  Quoteth Ms. Ellis, “You would have to call those at the station in Scranton.”

They did – but itsgeneral manager Bill Palmeri didn’t respond to calls and e-mails to his office on Wednesday and Thursday.

Citadel – where accountability is optional, at best.

The Standard-Speaker also contacted the FCC.  ““They have 10 days to (officially) notify us that they’ve gone silent and, after 30 days, they would need our authorization,” said FCC spokesman David Fiske. “They’ve got to come to us with facts and they have not said that they’re going out of business.” 

A notice on WARM’s web site stated that the station was off the air for “unexpected transmitter maintenance” but the web site was temporarily removed following the Standard-Speaker story. 

The paper deserves credit for finding the one person in Scranton who knew what Citadel didn’t about its own radio station. Meet the Saturday host of a barter show, Polka Weekend, Sam Liguori.    Sayeth he, “Unless someone with a lot of money buys the license, WARM will say dark.” 

On Friday evening, Scranton’s WNEP-TV reported that WARM had shut down “a few weeks ago” and that employees at the station were told, “it was too expensive to repair the transmitter.”   If that’s the case, Citadel is negligent in its reporting to the FCC. 

Before its transmitter died, WARM was carrying the Citadel-syndicated True Oldies format in hours it didn’t barter out. 

Like Clear Channel, Citadel feels beholden to no one but itself; least of all its listeners, its clients, and the FCC. It parcels out information on a "need to know" basis.  Unless you’re Farid or Judy, you don't need to know – and even they didn’t know that one of their Scranton stations went dark.

When the FCC was F-Troop under Kid Michael Powell and Boy Kevin you could get away with anything.   But it’s a different FCC now.  The days of ‘if you see a chance – take it’ are over and perhaps Citadel, as we know it, will be, too.

It’s been said that the omens are plentiful at this spring’s Vegas bash.

Concomitant with the NAB convention opening, came news of a filing Clear Channel Communications parent CC Media Holdings Inc. made with the SEC, which revealed its whopping 23 percent loss in revenue during Q1 2009 compared to the same quarter last year - from $1.56 billion to $1.21billion.

Clear Channel did make one top ten list.  It joins Univision, Rite Aid, Six Flags, Beazer Homes USA, Harrah’s Entertainment, MGM Mirage, United Airlines, Ford and GM as one of the ten most bankruptcy-endangered companies in the U.S., according to MSN Money.

While we’re at it, how about the report that many chains are shutting down their HD Radio stations to cut the additional $3,000 to $5,000 they add to an annual electric bill?  Just think.  If the HD Radio Alliance got their way and the HD stations went full power, that annual bill would jump to around the $30,000 to $50,000 range.  Of course, that doesn’t include the extras HD Radio is siphoning off the bottom line like license fees, maintenance, and those darned overheating problems.

It seems like the only trade reporting on good vibes at the NAB convo is the same one that commended John Hogan’s new initiatives – Inside Radio.   Yes the Clear Channel owned and operated Inside Radio.  It’s to the radio industry and the NAB what Pravda was the old Soviet Union.

I’d be remiss if I left out U2’s Bono and his poorly timed (for the NAB) comments

 on the proposed performance fee royalties for terrestrial radio stations with music formats.

Just a few weeks ago, Fumbles was falling all over himself with praise to Bono for thanking radio for helping U2 achieve superstar status.  

Yesterday, Fumbles went bipolar.  Turns out Bono’s in favor of the performance royalty fee for terrestrial radio. Read his statement here.

Now, let me tell you about Bono.  He’s probably the smartest and most fiscally responsible rock star since David Bowie.

Bono also has a pretty good memory and can recall when the band released “Beautiful Day” in the fall of 2000 from their forthcoming album All That You Can’t Leave Behind. He was told that radio in America had changed – and the band would now have to pay to receive airplay on pop and rock stations.  And since U2 had a long lag time between albums – it would cost the band at least double the going rate to get "re-established at radio."

Bono – and every other artist looking for radio airplay - learned that a couple of years after deregulation, Sam Zell’s drinking and strip joint buddy, Randy Michaels, who had maneuvered himself as CEO of Clear Channel’s radio division, came up with the radio equivalent of clean coal – legal payola.

When Clear Channel marketed its new pay-for-play rate card – the other radio chains fell in line like the penguins they are.   The radio industry pitched legal payola as an example of that non-traditional revenue stream that Wall Street was becoming skeptical about.

U2 paid the freight, got airplay, and a hit single and album that followed.  But Bono never forgot that he had to pay for something he used to get for free – and knowing that payment was deducted from directly from the band’s royalties bothered him even more. Things like that don’t sit well with an artist who probably still has his First Communion money hidden in his shoe.  

He’s not getting mad.  He’s just getting even.

If a frog is dumped in boiling water, it leaps out and lives to see another day.  If it’s dumped in cold water, which is heated slowly enough, it gets used to heat and is boiled alive.

Dead boiled frogs.  That’s what the radio industry has become; so immune to the crises facing it that its participants don’t even notice they’re drowning in it.

David “Fumbles” Rehr, this is the industry that you represent and it’s your show.  

Enjoy.

You may resemble Buster Poindexter but you always remind us of Dr. Kevorkian.


Wednesday, April 15, 2009

Radio: Cheap thrills


It didn’t turn out the way Clear Channel planned.

Clear Channel’s spin week spun out of control right from – as they say in Mays-ville – the git-go.

Amid the dismal radio news about declining revenues and revised lower expectations, this was the week Clear Channel was supposed to put a positive spin on the industry by acting-out a part quasi-transparency and part-mea culpa to the business community.

Wouldn't it be nice for the radio industry to have something to combat the bewilderment at next week's N.A.B. show in Vegas?

Clear Channel kicked it off Monday afternoon with a well placed, well timed, and heavily advance-promoted live interview with Thomas H. Lee co-president Scott Sperling by Erin Burnett on CNBC’s Street Signs.

THL is one of the two Boston-based private equity firms that took the Titanic of the radio industry private.  

Don't get me wrong.  Sperling's one of the best at this.  He's mastered the game face of being open, calm and contented.  He usually gives the appearance of someone who has accomplished what he had set out to accomplish in his life.

Sperling was primed – or so he presumed. Fresh from a $250 Newbury Street salon haircut and sporting a $500 Louis of Boston dress shirt and Brioni tie, he freeze-framed a confident grin on his Eric Carmen-goes-Wall Street face. He was ready to play his role of king of all spinmeisters.

But it was all downhill from there. In fact, it got ugly. It was kid sister Erin beating up big brother Scotty - live on CNBC.

Over 200,000 watched Scotty trip, stumble, and fall.

The piece was aptly titled: Clear Channel or Static Interference.

Erin dropped the bomb on him in the first ten seconds, “Is the Clear Channel deal gonna blow up or not?”

Scotty went from Eric Carmen on a good day to Eric Burdon during one of his bad years.

“We, y’know, can’t talk about, uh, uh, specifics on the, ah, performance of Clear Channel ‘cause we’re in, uh, a quiet period as we going to be releasing numbers in the near future.”

When he finally got around to answering the question, he said, “We don’t have an expectation that it’ll blow up.”

Throughout his brief appearance on CNBC, he uh-uh’ed more times than a college radio dj opening the mic for a first show.

Don’t take my word. Watch the disaster footage here.

One can only imagine Scott getting pulled over by the cops.

“Officer, honest. It’s not my fault. I didn’t see the recession coming.” 

Sperling’s moment in the sun on CNBC coincided with a Clear Channel manager’s meeting, which had shepherd John Hogan herding his flock back to San Antonio.

I’ll spare the comic relief about the Kremlin and the Politburo - and the Borg, for that matter.

Clear Channel “leaked” the alleged results of the meetings to the press in the form of two separate press releases, which were, for all the wrong reasons, so transparent they should’ve printed on Saran Wrap.

The version of the wrap-up press release – the one Clear Channel wants in the trades this morning – claims that local program directors have the autonomy and, in John Hogan’s own words, “total choice and flexibility” to do what they feel is best for their market. They will have, we are to believe, options to choose either nationally –produced programming like Ryan Seacrest, Elvis Duran, and Steve Harvey, among others, or keep their programming local.  

Hogan will have you believe it’s the opposite of “I’m only following orders.”  But it's not.

Clear Channel also promised to do a minimum 12 public service announcements per day and increase its committed-back-when-it-paid-its-payola-fines obligation to support local talent on appropriately programmed channels.  

On the former, only twelve?  Those could be rotated in the overnights.  I wonder if they'll continue to run the same public affairs programming Sunday mornings on all of their market stations at the same time? 

On the latter, this I have to hear. Certainly, Clear Channel can claim they're already playing lots of local artists at their New York, L.A., and Nashville stations.

Shall we put the Clear Channel press releases into the English translator?

Clear Channel Radio Launches Plan to Improve Program Quality for All Day Parts

Plan Includes New Channels, Premium Choice for Local Program Directors, and Sophisticated Talent Analysis

SAN ANTONIO – April 15, 2009 – Clear Channel Radio today announced a multi-point plan to raise the bar for radio programming across all day parts and platforms, including online and mobile. The plan includes the launch of new programming and makes programming and on-air talent that’s proven to be most popular with audiences, available more broadly to local program directors in all markets for all day parts.

Translation:  We will be firing more announcers and replacing them with more voice-tracking and syndication – in all dayparts.

“Our programming objective is to increase audience size and engagement across all day parts and all platforms,” said John Hogan, president and CEO of Clear Channel Radio. “At the same time, we face a particularly difficult economy that makes it extremely challenging for some local stations to invest in developing the highest-quality programming and talent. Despite the difficult economy, we see enormous long-term opportunity in investing in things that immediately improve the competitive situation of our stations.”

Translation: If we have fewer announcers on more stations we’ve automatically increased the surviving air talent’s audience size – and it will allow us to put smaller markets on full automatic pilot. Farm teams  We're dealing with the here and now.  Forget tomorrow!

Local Clear Channel Radio program directors will have total choice and flexibility in choosing the Premium Choice programming elements. They can elect large portions, single pieces, or none of the offered programming. All of the Premium Choice elements were determined in full consultation with the company’s most experienced and trusted programming and operations managers.

Translation: I’m sorry. Did I leave out the words “in your budget?” Sure, you can go 24/7 with whatever you want provided you have the budget to do so.  And you don't!

“These improvements have been part of the company’s long-term strategy to strengthen its competitive position,” added Hogan. “We’re accelerating these pieces because of the undeniable competitive opportunity presented by this market,” he said.

Translation: Our sales and collections are so bad we that have to do another trimming of the herd now.  We haven't forgotten about downsizing our traffic and billing ops.  We're just waiting for the next three-day holiday.

A primary element of the plan is “Premium Choice,” an ongoing, rigorous analysis that identifies Clear Channel Radio’s most effective content across music genres and on-air talent and presents significant expansion opportunities for both. Content and talent are selected for the program based on the evaluation of new PPM-based audience-measurement reports and data produced by Clear Channel Radio’s proprietary talent performance tool.

Translation: Think of the stink of human as money wasted.  If you put our Premium Choice (sounds like an off-brand coffee) and Localism on the scales of justice - come on - do I need to tell you which way the scales will tip?

Over the past two years, the company has rigorously evaluated all of the programming at every station across every day part. Based on tests of the programming elements, audience growth and ratings have grown dramatically.

On Air with Ryan Seacrest increased audience share in San Francisco by some 86% within three months of beginning its broadcast there; and the show increased audience share in Denver by some 46% in the same timeframe.

Similarly, Steve Harvey has improved ratings in all 10 markets into which he’s expanded.

“Alongside music artists, on-air talent contributes enormously to the quality of an AM or FM broadcast,” added Hogan. “Now, local talent can be rewarded for extraordinary success.”

Translation: Being live and local? It's so overrated.  Radio listeners?  Screw 'em. They can't tell the difference.

Clear Channel’s performance analysis tools evaluate a wide range of variables connected to a broadcast program and/or specific on-air talent and identifies properties with significant potential to succeed in other markets. The company believes it is the most sophisticated tool of its type in broadcasting. The performance analysis tool and the Premium Choice program will combine to build the careers of lesser-known talent that consistently outperform their peers.

Excuse me, I have to reboot the translator.

Translation: I’m still trying to figure out what this one means. Anyone speak Hoganese out there?  

The press release continues....

* Creating new channels, by genre and by personality

Also central to the plan is an expansion of the programming currently being created for the company’s online and on-demand broadcasting platforms. The new channels will focus on either a specific music genre or specific on-air personality.

Launching imminently in the genre category are Country Road and Soft Rock. They join existing channels including erockster, Pride, smooth jazz, slow jams, and others.

In the personality-driven side, new channels for
Kidd Kraddick and Lex & Terry are on tap, joining already successful channels focused on AT40 (Ryan Seacrest), Elvis Duran and JohnJay and Rich.

As with the existing online and on-demand channels, this new programming will be available directly to audiences during a testing phase via the three platforms: Clear Channel Radio’s local-station Web sites,
the iheartradio mobile broadcast application for iPhone and BlackBerry, and the company’s HD2 multicasts.

Translation: Our Format Lab was a stiff. We’ll just continue to pretend it wasn’t and fill up our on-line and HD radio channels with recycled programming. Do we think people will use their i-Phones and Blackberries to listen to Clear Channel stations? Don’t ask.  

* Important opportunities for new, local and unsigned music artists

The third element of the program is the expansion of the company’s already industry-leading programming showcasing new, local and unsigned music artists. Select AM and FM stations will add to existing new-music shows (e.g., urban, some country and some rock), and some stations will also develop customized shows.
 
In addition, the company will expand its highly acclaimed NEW! program for new, local and unsigned artists available to its highly successful mobile broadcasting application, iheartradio. More than 15,000 new, local and unsigned artists have been promoted to millions of online and on-demand listeners through the program. NEW! is currently available on hundreds of local-station Web sites.

Most recently, iheartradio has seen astounding success on both the iPhone/iPod Touch and BlackBerry platforms.

Engagement among users with the iPhone/iPod Touch is dramatically better than with most AppStore applications. Weekly unique users continue are up by some 43% and the application saw more than one million downloads in just 20 weeks.

And earlier this week, the company disclosed that its BlackBerry App World version rose to the #2 position among all BlackBerry applications, achieving the #1 position among media apps of any kind. The BlackBerry version is on track for astounding success, having been downloaded more than 250,000 times in less than a month.

Also coming soon to iheartradio: traffic-on-demand expands to 10 markets and the company’s highly regarded NEW! program. Since its inception, NEW! has showcased more than 15,000 new, emerging and unsigned music artists to millions of listeners.

Translation: No, we can’t qualify any of those figures – but you have to admit that they look impressive.  Would you like to see the hat I pulled them out of?

“This year is a level-setting year in which we’re taking responsibility for the health and success of our company,’ concluded Hogan. “We will continue to actively evaluate economic and market conditions and our competitive position. We’ll also continue to make adjustments throughout the year so we are best poised to take advantage of the upturn as soon as it occurs.”

Translation: We're going out of business.  We're just not there, yet.

Clear Channel could’ve saved the expense of drafting this press release by just using a quote from Pete Townsend, "Meet the new boss, same as the old boss."

Even better: Business as usual - with fewer employees.  File under: Musical chairs.

Do you smell smoke?
----

Sunday, April 12, 2009

Radio: NAB - Changing crimes



I just realized what world leader David “Fumbles” Rehr of the National Association of Broadcasters (NAB) reminds me of.

North Korean President Kim Jong-Il. 

Like Kim Jong-il, Fumbles runs the NAB like a one-party state. 

When that North Korean test missile fizzled out over the Pacific Ocean, didn’t it remind you of the present condition of the U.S. radio industry? 

Consider the similarities. 

Most of North Korea suffers from food shortages and lack of electricity.  Its archaic industry is at a standstill.  It has isolated itself from most of the world. 

Most of the radio industry suffers from revenue shortages and lack of time spent listening.  Its archaic formats are lackluster.  It has isolated itself from most of its listeners and clients. 

Let me put it another way.  A house united cannot stand.  

When you never disagree or appraise an optional viewpoint, Fumbles, you suppress any opportunity to move forward.

Fumbles, you’ve been reprocessing the same old promotions and campaigns over and over since you joined the NAB after the beer lobby sent you packing for doing the same thing,

How many new campaigns for HD Radio must you launch before you realize the product is terminal?   

How many variations of that Radio Heard Here campaign must you introduce before you realize that no one except NAB members ever see them?

So, what’s it going to be, Fumbles, when you address the NAB in Vegas?   Will you reprocess still another variation of your same old song and dance? 

Even your GOP buds are beginning to recognize that, in actuality, you’re a political Bolshevik in drag who refuses to face the challenges of the 21st century. 

Is there anyone that truly believes the NAB cut a good deal for radio’s streaming audio fees? 


If you think he did, let me know.
  I’ll call you back in 2012 – unless you don’t plan to be in this business.by then. Thought so. 

That’s the dilemma with Fumbles and his closed-door negotiations with the RIAA’s SoundExchange. 

Did the labels really bushwhack you, Fumbles – or did both of you agree that those outrageous per song, per listener costs will be someone else’s problem in the future? 

The NAB cut a pact that evokes the one the UAW and the Big Three cut many years back when both sides shook hands and concluded that those pensions and payoffs would be someone else’s quandary in the future. 

Fumbles, you’ve managed add more devalue to every radio station in America – well, at least the ones that haven’t gone news and talk or fire and brimstone. 

Yes, I hear your tough talk, Fumbles.  We’ll charge the labels to play their music. Keep saying that and you’ll be reliving 2001 – the year radio’s pay-for-play playlists starting losing touch with popular culture.  That’s when the kids – and a sizable number of adults - abandoned radio and went elsewhere to find their musical soundtrack. 

You see, that’s the problem with popular culture.  The artists and labels that consent to paying the most money to get their songs played aren’t necessarily what listeners want to hear. 

Add social networking to the mix and you’ve got a no b.s. zone that pay-for-play radio can’t penetrate. 

Here and now, when the great convergence to the Internet escalating, do you think it’s wise to stop streaming when that’s the method of delivery more radio listeners? 

And how about those three deadly words, Fumbles: Performance Royalty Fee. 

Fumbles, you gave the RIAA's Mitch Bainwol a free meal and he’s sticking around to lick your plate dry. 

Though the Internet is getting the credit for the new free market system it was radio that invented it by playing music it didn’t own as programming content following World War II.

It’s time for a NAB insurrection – and, Fumbles, it’s about time you know your close.



Sunday, April 5, 2009

Radio: Same old song and dance


Back to reality.

The annual Rock & Roll Hall of Fame and Museum induction ceremonies were held in Cleveland this past Saturday.

The inductions capped off a full week of revelry and promotions in advance of the main event.

I ran into music industry people I hadn’t seen for years because the only time I ever run into them are at events like this, which, these days, I don’t go all that often.

This was the first time in twelve years the induction dinner was held in the city where the Rock Hall resides.    This one’s special.  We worked hard and politicked non-stop to get that Hall of Fame built here.    The inductions will now be held in Cleveland every third year.   And I’m all in favor of anything legit that brings more money into this region than it takes out.

That used to be true about radio in this market.  Today, Clear Channel, CBS Radio, Salem, and Radio One funnel every penny they bill out of the market to service their massive debts.  There’s no reinvestment to their city of license.

Cleveland, like all Rust Belt cities, has its well-deserved insecurities. It’s a city in dire need of reinvention and has tripped, stumbled, and fallen in its challenge to come to grips with the twenty-first century.

But Clevelanders do care about its reputation, its future, and new leadership is emerging.

That’s more than I can say about the National Association of Broadcasters (NAB).

When the press release from the NAB arrived on Wednesday, I thought it was an April fool’s joke.

But it wasn’t. 

It announced three new members of the NAB board.  I’ll focus in on one name: Cumulus Media Chairman, President and CEO Lew Dickey.

Let me say it again.   I couldn’t make these stories up if I tried.

Before you ask – yes, it did mention his bachelor's and master's degree from Stanford University and an MBA from Harvard University.  It just stopped short of saying “always the smartest man in the room.”  

You know his m.o. – once you get past conscience, the rest is a cinch.

I guess it takes a narcissist to know one.   Isn’t that right, David “Fumbles” Rehr?

Stashing Lew Dickey in the NAB as a board member, Fumbles?  Correct me if I’m wrong.  Aren’t board members supposed to bring some measure of credibility to an organization or company?  Lew Dickey?  The guy who flies to his hometown to personally demotes his sales manager on a whim?

Who did Dickey beat out for the third board seat?  Farid Suleman?

Maybe Fumbles is betting on Citadel going south before Cumulus.

Or maybe Fumbles wants to know how Lew pulls off being on his own board so he can pay himself a lucrative bonus even when his company’s on a highway to hell.

Look, it’s bad enough Fumbles completely blew the streaming audio deal for the radio industry.

Could someone please tell Fumbles that only losers say, “it could have been worse” when defending a botched negotiation?

Even a narcissist like Fumbles realizes he’s death on legs at the bargaining table. So, now he’s telling the RIAA that he refuses to negotiate the performance tax fee for terrestrial radio – even after Congress told him, “Go away, kid.  Don’t bother us.  Work it out.”

Last week, Fumbles even dropped an “over my dead body line” regarding the fee to the press.  

Brilliant.   You want to write your obit, too, Fumbles?

I’d rather be proven wrong but with each passing week, Fumbles is losing what little Capitol Hill support he had for radio to keep music programming free.

Fumbles doesn’t have the fight in him.   He whines. He cries.  It’s not fair.  He’s so bewildered at this juncture that he’s even greasing the wrong palms.

Let’s cut to the chase.  Here are the facts.   We have a lot of stations that will be going dark soon.  We have a lot of broadcast companies that are bleeding red ink – and some just missed their Q1 payment.  

While Fumbles fiddles and fuddles the industry his organization theoretically represents, the RIAA is close to locking up the Congressional support it needs to force Fumbles into the ring.

Fumbles response with an anti-tax campaign puts radio solidly in a defensive mode.  With Fumbles leading the charge, believe me – radio has no defense.  And the RIAA has no shortage of offense.

Many of the panelists at last week’s SNL Kagan broadcast finance seminar admitted a loss of faith in the NAB’s ability to block the performance fee.

So what’s Fumbles’ next move?

The NAB is pitching D.C. radio stations to run promos in support of their “anti-tax” campaign. Come on, Fumbles.   Who are you playing this ruse for?  You know Capitol Hill. You’ll see a lot of under 50’s.  They’re the former 18-34’s from the last decade - the demo that radio ignored.  They’re on Blackberries and iPhones. 

I don’t have to tell you that the labels don’t need radio anymore.   They’re looking for a bailout.  RIAA head Mitch Bainwol sees himself as the cat and you as the mouse.  Radio was important to the labels when it used its playlists for its sales staff to pitch record stores and other retail outlets to buy product based on airplay. 

Been in a record store lately? How about Best Buy and WalMart?   Is it your imagination that their square footage dedicated to selling CDs shrinking?   

The convergence to on-line is escalating rapidly.  The TV networks know that.  One word: Hulu.  Recording artists know that.  That’s why the acts making money are marketing themselves on line rather than rely on a label.  The only one who didn’t know that was Fumbles when he stuck radio with streaming royalty fees that it can’t afford.

Oh, yeah, Fumbles.  Almost forgot.  Who needs radio on-line when you’ve got HD Radio?

Putting HD Radio in the same league with streaming audio is like saying there’s no difference between a Yugo and a Lexus because they both have steering wheels.

Once again, Fumbles.  Brilliant.