iHeartradio-Firings-Bankrupt-Media-Future-Bob Davis Podcast 893

Radio Talk

I don’t always talk about radio in my podcasts these days. However when something most noteworthy happens, I do. Learn more in iHeartradio-Firings-Bankrupt-Media-Future-Bob Davis Podcast 893.

Displacements Or Firings?

Recently the biggest radio company in the United States unexpectedly announced it was firing over a thousand employees. Especially relevant is the fact that the company used such obtuse language in its press releases, it confused news writers and listeners.

You Got A Future?

Moreover this event has kicked off a lot of discussions about the ‘future of radio‘ in this country. In addition suddenly all my friends and clients are asking me to comment.

Not much

First of all, radio doesn’t have much of a future. At least not as we have known it. I’ll tell you why in iHeartradio-Firings-Bankrupt-Media-Future-Bob Davis Podcast 893 and in a recent podcast I did about the history of top forty radio. You can find it here.

Content Creators Struggle Too

Furthermore all not rosy in the digital media world either.

It’s All About Revenue

While it seems like everyone who has ever worked in the radio business has an opinion about how iHeart ‘screwed up’, the bottom line is revenue. An industry that scaled to a certain point based on the old business model, simply can’t support that scale anymore.

Digital Marketing

In contrast various forms of digital marketing are all the rage, sucking all the revenue from ‘traditional’ forms of advertising as well as media production. Digital platforms are producing huge numbers while we haven’t quite figured out how to monetize individual content creators very well yet.

Disruptive Technologies Rule

Finally we’re living through an extraordinary moment in history. Due to disruptive technologies we’ve seen more traditional businesses destroyed and whole industries laid to waste. Broadcast radio and television are just two of them.

Tower of Babel

Even more, considering the tower of babel that is American Corporate Business Speak, I wonder how well other industries and businesses are actually doing.

On The Beach

In conclusion it’s tough to lose your job no matter what you do. Because of the realities in radio these days, I am afraid there will be many more people on the beach.

Sponsored by Reliafund Payment Processors

iHeartradio-Firings-Bankrupt-Media-Future-Bob Davis Podcast 893

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Podcast 440

New Radio Show. In a freewheeling discussion on Saturday night about talk radio, media and creativity, the new Bob Davis Podcasts Radio Show on the Genesis Communications Network is announced. The Bob Davis Podcasts are content rich, so taking some of that content and reproducing it into a one hour weekly show available on the Westwood Satellite for radio stations, is a new idea. From here we talk about the current state of talk radio and media, as well as what’s planned for next year at The Bob Davis Podcasts. Some of the people who listen to these podcasts are interested in ‘behind the scenes’ stuff in radio. While there isn’t going to be any dirt thrown in this podcast, there is discussion about the fact that broadcast media, as well as some of the older style cable news channels really aren’t serving viewers and listeners anymore. It seems more and more as though the job of talkers is to get people angry and upset, or to gin up longer listening spans by talking about nothing, using emotional content in the worst sort of way. One of the things podcasters learn right away is, there is a lot more content in a half-hour podcast than you’ll ever hear in an hour on the radio or on cable TV News, and certainly in an hour of television news. What’s also surprising is the realization that being in business for yourself, and building the business, is sometimes more fun and engaging that actually doing the podcasts. Podcasting itself – while not brand new – is brand new to most people, especially for those long time talk radio listeners who find themselves with nothing to listen to. A new medium means new opportunities for business, which can be very exciting. The New Bob Davis Podcast Radio Show will feature content from the podcasts, which should become very dense after February 1st, as we begin official coverage of election 2016, by covering the Iowa Caucuses and then a grand trip through Mid South Super Tuesday States, to South Carolina (third in the nation primary state), Georgia, Florida, Louisiana, Texas and north back to the Twin Cities. Of course, the podcasts will continue right here at thebobdavispodcasts.com. Watch this space for links and specifics regarding the new Bob Davis Podcasts Radio Show. Sponsored by Pride of Homes and Luke Team Real Estate, Hydrus, and Baklund R&D.

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Podcast 305

Comcast Customer Service Sucks. Close out the week with a podcast down in the bunker by the wood stove. A consumer advocate blogger breaks another national story about how bad Comcast’s customer service is. When a woman tried to cancel her cable service, the company allegedly refused to allow to her do so, and sent a late bill notice in which the customer’s name was changed from ‘Ricardo Brown’ to ‘A**hole Brown’. The story was picked up by CNNMoney and the rest of the mainstream media, and now Comcast has once again apologized. “It might take more than a few years for us to get our customer service straightened out” says a company spokesperson, or something like that. How are business models that seemed so great five, ten or twenty years ago looking more and more tarnished? What is the future of television, and cable delivered television. If Comcast is any example of how the industry operates, hopefully there is no future. Former Reagan OMB director David Stockman is on the warpath again, this time saying the Federal Reserve’s Quantitative Easing program is exclusively responsible for making people in the top 5 percent income bracket in the US richer. How is this era different from other ‘income inequality’ periods in US History. Does the Cocaine boom in Miami in the early 80’s prove, when business generates money (as opposed to central banks) everyone benefits? Meanwhile, the fastest growing business in the United States isn’t an industrial company or even technology, it’s legal Marijuana sales. Legal weed sales grew 74 percent in one year. Breaking news! The Obama Administration is telling banks to keep quiet about regulations targeted against gun owners and gun stores. More breaking news! More Americans are putting their cash in the mattress. Does that surprise you? And, the Minneapolis Tribune finds yet another negative story about North Dakota. Sponsored by Depotstar.

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