Some points from the report:
•The “localness” of radio ownership -- ownership by individuals living in the community -- has declined between 1975 and 2005 by almost one-third.
•Just fifteen formats make up three-quarters of all commercial programming. Moreover, radio formats with different names can overlap up to 80% in terms of the songs played on them.
•Across 155 markets, radio listenership has declined over the past fourteen years, a 22% drop since its peak in 1989. The consolidation allowed by the Telecom Act has failed to reverse this trend.
http://radioandrecords.com/radiomonitor/news/business/ratings_research/article_display.jsp?vnu_content_id=1003494749&imw=Y
•The “localness” of radio ownership -- ownership by individuals living in the community -- has declined between 1975 and 2005 by almost one-third.
•Just fifteen formats make up three-quarters of all commercial programming. Moreover, radio formats with different names can overlap up to 80% in terms of the songs played on them.
•Across 155 markets, radio listenership has declined over the past fourteen years, a 22% drop since its peak in 1989. The consolidation allowed by the Telecom Act has failed to reverse this trend.
http://radioandrecords.com/radiomonitor/news/business/ratings_research/article_display.jsp?vnu_content_id=1003494749&imw=Y