--- In InternetRadioLovers@yahoogroups.com, Harold Johnson
<harold.johnson@g...> wrote:

> I don't believe the radio industry is going to disappear
> or anything,

Why not? On the one hand you have a distribution infrastructure that
has to be paid for and the other one hand, one that doesn't.
If the latter can do everything the former can, which it can, how can
the former hope to survive? Plus the costs of using that free
structure -- the price of bandwidth -- will be falling drastically for
a very long time. Can you say the same for satellite launches?
Antenna maintenance?

If you define radio industry in terms of programming or content, then
I'm sure you're right. Howard Stern can work as long as he wants. The
Top 40 are going to be played.* But the infrastructure looks like one
huge stranded investment to me. Does it not to you?