Radio Days Fade; Net Turns up Volume

Chicago Tribune, February 27, 2005, Monday, February 28, 2005 12 PM
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Not long ago, the radio industry was enjoying something of a renaissance. Station valuations were high, buyers were everywhere and every radio operator, it seemed, wanted an edgy personality, whether it be Howard Stern or Rush Limbaugh. Even advertisers liked the medium. Now, Stern is bolting for satellite, the Federal Communications Commission is cracking down on radio content, and everything from the Internet to iPods is threatening to steal its audience.
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