[IRCA] radio loses power & magic?
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[IRCA] radio loses power & magic?



I found this at http://www.kurthanson.com/archive/news/083004/index.asp

From an article by Sandra Ward in Barron's: "It's hard to say exactly when radio started to lose the love and the power and the magic celebrated in that 1975 rock anthem, but a good bet would be 1996. Landmark telecom legislation back then unleashed a powerful wave of consolidation that left the airwaves cluttered with commercials -- and investors set up for disappointment down the road... (more at URL)

Website goes on to say:
Look for Kurt Hanson to discuss the future of radio in a live interview with CNBC's Maria Bartiromo today at 4:20 ET (3:20 CT). For background, don't miss Kurt's essay in today's issue.



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