Now the next question would be, can the all news, News/Talk, and All Talk stations make money? If so, then that format will survive for quite some time, if not, then.....
To paraphrase Mr. Spock: It's talk radio, Jim, but not as we know it.
Talk radio is trying to re-invent itself in search of younger listeners. A prime example is NJ101.5. Another attempt (seemingly less successful so far) is CBS Radio's Free FM.
The strategy to get younger listeners includes:
- Move talk to FM
- De-emphasize politics in favor of life-style topics
- Younger, more outrageous personality hosts
In the Arbitron report what Arbitron calls "personality/talk" skews younger than traditional news-talk (and all news).
And for station operators the question is less "can news-talk make money" but "with which format can the station make the most money." News-talkers are not among the top revenue generators. An AM station has few other viable format options. FM stations still have other format options. But, again, will news-talk generate more in sales on an FM station than a music format (or minority-targeted format)?