Friday, August 11, 2006

New Future of Music report on effects of radio consolidation

On August 9, 2006 the Future of Music Coalition published a study by Peter DiCola which finds "that the vast majority of major U.S. cities has experienced both layoffs and lower wage growth within the radio profession, associated with the unprecedented consolidation of radio station ownership over the last decade. The study also shows that the job losses in radio impede federal policy mandates to promote localism and diversity in media."

Some findings include:

* The combined market share of the top four radio companies in each local market increased by an average of 14.3 percent between 1993 and 2004 across 265 markets.

* Cities with higher degrees of radio consolidation had greater job losses among news reporters and broadcast technicians from 1996 to 2003.

* Cities with higher degrees of radio consolidation experienced smaller wage growth for DJs and news reporters from 1996 to 2003.

The full study is available for download as a PDF (30 pages).


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