Jim Walsh's Big Hairy Weblog Thingy

Wednesday, January 23, 2008

Dum-De-Dum-Dum...

Jerry Del Colliano has printed a list of radio stock losses (prior to this week’s roller-coaster ride on Wall Street) that shows an industry not so much in recession as in a state of near-total collapse.

The moment of truth is at hand, folks: radio will either roll over and die or it will spring back.

The bad news: the economy in general is headed south.

The good news: for the biz to rebound wouldn't really take that much: just a handful of visionaries in key positions to get the ball rolling.

By the end of the year, if not sooner, we should know.

In the meantime, if you're in the biz ask yourself: are you part of the solution or part of the problem...

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