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GET's Dain L. Schult on Bad Times But Good Times

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JACKSONVILLE, Fla. - eTradeWire -- GET Chairman, Dain L. Schult notes, "It's the world turned upside down with what is happening with Terrestrial Radio now both domestically and internationally.  All of the major radio station groups in this country  are either already in bankruptcy or about to go into it. – iHeart, Audacy, Cumulus, Salem, et al, but it isn't just the big groups doing this – any number of smaller groups are filing too. The days of paying 20+ times trailing twelve month cash flow to buy up stations is long gone.

"Now all of the chickens have come home to roost and with everything and everyone migrating to streaming audio and social media all these groups are just rearranging the chairs on the poop deck of the Titanic.  While Congress wants to save AM radio in cars in the US, countries like Norway, UK, and Japan have either already pulled the plug on AM radio in their countries and some are now even contemplating doing the same with FM frequencies as well.  Terrestrial radio, like network television, cable, periodicals and newspapers are disappearing one by one.

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"We offer select formats that can capture the sound and excitement of how live Terrestrial Radio used to be but reimagined with worldwide syndication through our Miracle Wonderland Radio Company. "GET's Station Starter services will be 100% Internet Radio and streaming audio.  Our global community-by-community buildouts give local communities the ability to have their own radio station to serve their community and eliminates the need for either AM or FM terrestrial radio."

GET is global friendly and initiative-taking in all things media and consulting including book publishing, live entertainment, talent product development and a variety of  services for rural high speed Internet providers as well. As an Internet Radio station provider, we are not under the purvey of federal agencies. We're a private company that is anti-WOKE, anti-DEI and merit-based that believes in the traditional values of truth, justice and the American way,  And yes, we do follow the Golden Rule.

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GET provides global consulting services ("GET2") that connects parties that have viable business deals with people who can help get those deals funded through GET's network of contacts and funders.

"GET" and all of its formats, consultation services, websites and programs are servicemarks of Global Entertainment Technology, Inc., © Copyright 2024 Global Entertainment Technology, Inc., All Rights Reserved

http://globalentertainmenttechnology.com

http://dainschult.com

Contact
Dain L. Schult, Chairman
***@globalentertainmenttechnology.com


Source: Global Entertainment Technology, Inc.
Filed Under: Media

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