The Death of FM Radio According to One Musician
The Homicide Called FM Radio By Matt G @MGMuzik
A few months ago Google bought the popular streaming music service Songza for a reported $39 Million. Recent studies show that Pandora is actually the most popular radio music service in 14 of 15 of the top FM radio markets in the entire country. Spotify continues to make business headlines with their remarkable deals and growing 10 million plus paid subscriber base. With the near future of the YouTube music service and the the emergence of Beats Music, as well as other transitions in the industry to add more diversity to the online streaming music world its obvious the way we listen to and will be listening to music will continuously change over the course of the next decade. Its no secret that times and trends have changed, thus birthing a completely new music consumer.
Major labels have lost millions and been forced to merge in order to save what’s left of an unfair, and archaic business model. As streaming music comes into full-force we are looking into the future of how music is played and what music is played.
To not be weary of the future of FM radio is to be not only naive, but archaic in one’s perspective to how the business model has changed in the past 15 years since Napster, and is continually changing day by day with the emergence in new capabilities of technology. So here’s my take on the annihilation of FM radio and why its doomed to a slow and painful death over the course of the next several years.
Head over to MattGMuzik for the rest of this article...