See, I'm allergic to bullshit.
How about this, Mr. Mays. How about making your radio product
better?
Gee, what a concept.
How about brainstorming to take advantage of the weaknesses of radio's so-called 'competitors'. Such as local flavor, personality, unpredictability, and so on. Unfortunately, many CC stations are bland, have unoriginal programming, are increasingly automated, and seem to be the same from town to town. Clear Channel is a reason people are running away from radio and to other sources for audio entertainment and information.
Terrestrial radio has been around for around 85 years or so. Many station owners have made a killing in this business. And competition has been good for radio all this time. There's also still room for CC to make money even with the Infinitys, Entercoms, Bonnevilles, Citadels, Cumuluses and Disneys of the world.
Incidentally, I was just going to post this same article (though I read it in
Radio and Records. Thanks for posting this. Very good article, but Mays' logic is ridiculous.