OK, the world is changing faster than I can keep up. I have a sister who is a “terrestial dj” and I just activated my Sirius Radio subscription (you’ll find me most often on channels 09 the Pulse, 18 Spectrum, 22, First Wave, 30 Coffeehouse, 65 Outlaw Country, with lesser times on 16 the Vault, 08 Eighties hits, and 10 Springsteen all the time).
Now I’ve been turned onto Shoutcast.com where there are hundreds of stations streaming over the internet commercial free. I ask myself, how can local stations survive (other than those which really do provide local news, obituaries, weather, etc). I believe the big conglomerates (Clear Channel, Cumulus) will not be able to survive against satellite radio and will not be able to gain economies of scale out of groups of locally-based stations.
But then, how does satellite radio compete against the 100’s if not thousands of free internet radio stations. It will be interesting to see what shakes out.