Jeff Smulyan Wants To 'Change The Perception Of Radio Overnight'
February 9, 2015 at 3:53 AM (PT)
EMMIS COMMUNICATIONS Chairman/CEO JEFF SMULYAN got a chance to crow about the NEXTRADIO app in a recent interview in THE INDIANAPOLIS BUSINESS JOURNAL, which wrote, "you could forgive SMULYAN if he sounded a little world-weary as he watches streaming services like PANDORA and SPOTIFY grab the cachet that used to envelop radio. Instead, SMULYAN sounds as charged-up as ever. 'We will make more money before lunch today than PANDORA has made in its history,' he said, taking a dig at the streaming service’s history of losses."
'We will make more money before lunch today than Pandora has made in its history.
The IBJ asks, "Why the bravado? It comes down to NEXTRADIO, a service he’s championing that brings terrestrial FM radio to the smartphone. SMULYAN is convinced NEXTRADIO will revolutionize his industry, reversing the depressing trend of little to no revenue growth that has bedeviled EMMIS and other radio companies."
“If we can win this, we will change the perception of radio overnight,” he said, adding “I think 2015 is going to be a very big year for NEXTRADIO.”
Check out the full report here.