Mark Ramsey points to comments by Jim Nail on the blending of media:
“What if the notion of a single medium doesn’t exist anymore? When media buyers start thinking more about audiences and less about distribution channels – as they are definitely doing now – the advantage will go to the media that leverage their content across platforms. This places a premium on content – that is, it will be expensive and worth it.
And it means that there will be two kinds of radio broadcasters: Those who are in the content business and those who are only in the radio business. The value will flow to the former. It’s not about the “device” – it’s not about ownership of the pipes. In the media business, those days are ending fast.”
But we have such wonderful pipes. And they were damned expensive.