Both broadcast and satellite radio are experiencing an unprecedented decline in economic fortune. The broadcasters would have us believe they’re the victim of competition from the internet. But the examination of fundamental economics shows a different story of over-leveraging and bad investments. John Anderson of DIYmedia.net joins to help sort things out.

Podcast/Download:
mediageek 19 February 2009 broadcast quality mp3

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[mp3]http://www.mediageek.net/sound/2009/mg20090219.mp3[/mp3]