[BC] Jim Cramer: "Radio is Dead"

[Robert Meuser]

I think this is being misinterpreted. Radio IS dead in terms of 1996 style investment and 
that is what Mr Hicks is stating. It is also what most of the major owners have stated 
one way or another. Regardless of good or bad quarters, the market has matured and the 
growth is small and will remain so unless someone pulls a rabbit out of their hat.

R



On 10 May 2005 at 12:11, Rich Wood wrote:

> ------ At 07:20 PM 5/9/2005, Reader wrote: -------
> 
> >This afternoon, CNBC's commentator showed the Mays family (in pictures) as 
> >leading radio into the grave. The main culprit.
> >He says Hicks, Muse sold their CC position last week. "3-4% growth is dead"
> >He says sell terrestrial radio....
> >He says "people hate the advertisements, people hate the jocks, people 
> >hate the jokes"
> >Hardly a shining endorsement.
> 
> Hardly an expert. People also hate loud, obnoxious financial "experts" who 
> travel outside their area of expertise. I wonder how WOR feels about this 
> jerk declaring their business dead while he does a daily show on their 
> radio network.
> 
> Rich 
> 
> 
> 
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