Tuesday, September 4, 2012 - 12:50pm
"Radio is foolishly ignoring streams today," writes Radio Ink publisher Eric Rhoads. "Streaming will be your primary source of revenue," he tells broadcasters in a new editorial, predicting that by 2016, "your transmitter will make up only a small percentage of your listening."
Rhoads sees broadcasters tripping over the same mistakes when it comes to streaming as they did with HD Radio: allocating minimal resources and trying to do things "at the lowest possible cost" with the least effort. The results are eerily similar: content that sounds "badly programmed" and feels like an "afterthought." Is it then any wonder "why HD Radio has not been embraced" by listeners, or why streaming audiences are smaller than they might be?
This "sloppy" approach imperils radio's future, Rhoads argues. "Radio must put its best foot forward in everything it does," he writes. "You have to sound great."
But it's not just a matter of improving stream quality. As a broadcaster, you must "be everywhere your listener is, which means on every device," because "the transmitter is no longer [radio's] only form of distribution" and it could be flat-out "irrelevant" in the future.
"If you’re not streaming, don’t have a mobile app, are not on aggregators like TunedIn or iHeartRadio, if you cannot be found in every possible device, you’ll dilute the impact of your brand. If people want to listen and you’re not there, they will find someone else."
Rhoads concludes, "Ignoring [streaming] is ignoring millions of listeners, and they all have other alternatives."
You can find Rhoads' full post in Radio Ink here.
RAIN Summit Dallas will include an entire panel dedicated to issues like those discussed by Rhoads. The "Online Strategies for Local Broadcasters" panel will feature members of CBS Radio, Triton Digital, Emmis Digital, TargetSpot, Marketron and more. Click here to find out more.