Originally Posted by Spazzrico
Radio began its slow death in 1996 with the passage of the Telecommunications Act that deregulated radio markets. Once conglomerates could buy up most of the stations in a market, they had no incentive to compete, and provide innovative and interesting content. This isn't the only reason, but it was the beginning.
This is spot-on.
Commercial music radio in general is now a dying format. There are just too many options with talk radio, ipods, iphones etc. Most people I do believe want curated music, but the current FM options are just too bland and it's littered with commercials galore and repeated playlists. Not to mention, they've lost a lot of ratings. When I was growing up, listening to the radio was not only something you did in the car, but something you did in the house often. The vast majority of people today do not listen to the local radio stations in their homes as there are too many ways to spend one's time. Now, commercial music radio stations are lucky if they get people to tune in whilst in the car and most people don't. Advertisers are pulling out left and right and some FM stations are turning into talk radio stations. This trend will only continue.
I honestly don't think Sirius or XM will survive too much longer itself, but they may live a little longer because of Stern, their variety and other offerings.