Every month, Greater Media CEO Peter Smyth pens a letter to his employees, customers and other stakeholders. It is published on the Greater Media website for all to read. This month, he addresses the future of radio. With the demise of Interep, the morass we find ourselves in on Wall Street, and the demolition of the auto business, radio folks are rightly concerned about the future. And, of course, there is the encroachment of other media on the revenue normally devoted to radio.
Here's Peter Smyth's letter to all of us: