Garrison Keilor |
The Wall Street Journal reports some of the biggest radio stars of a generation are exiting the scene while public-radio executives attempt to stem the loss of younger listeners on traditional radio. At the same time, the business model of NPR—the institution at the center of the public-radio universe—is under threat: It relies primarily on funding from hundreds of local radio stations, but it faces rising competition from small and nimble podcasting companies using aggressive commercial strategies to create Netflix-style on-demand content.
The transition at “A Prairie Home Companion” reflects a growing divide in the audio world between older listeners who prefer programs on the radio, often in their cars, and a younger audience more likely to download podcasts of music and edgier shows onto their devices.
By the end of the decade, NPR projects that younger listeners under age 44 will make up only around 30% of the overall audience for its member stations, compared with about 60% in 1985. Currently more than 80% of podcast listeners are under age 55, according to recent data released by Edison Research and Triton Digital.
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