Friday, March 17, 2006

Old Economy Radio Vs Emerging New Economy

If you're not a little frightened, click this:

"The old economy of radio has been abruptly replaced by a new economy where radio faces unregulated competition in an open field of media and entertainment services," said Glenn O'Farrell, CAB President and CEO. "We no longer have a single, regulated system of radio services delivered over the public airwaves, free of charge to Canadians. Now, we have two systems: the regulated system of the past, which is now in direct competition – some would say collision – with an unregulated, parallel system of new delivery platforms for audio content."

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