LOOKING AHEAD to the Second Half of the Third Decade of the 21st Century
By Michael Harrison
TALKERS
Publisher
With the conclusion of 2025 at hand, we are entering the second half of the third decade of the 21st century. It will be a remarkably transitional period for the talk radio industry and its closely associated fields in talk media, as well as media-in-general.
Here’s what’s going to happen:
The age old “radio station” paradigm as a brick-and-mortar business/cultural/communications center will disappear. After more than a century, it will be financially and physically impractical to operate the process of “radio” as a federally licensed production company tethered to a broadcast tower that houses programming, sales, and a roster of creative practitioners under one roof on an employee-based payroll. Radio “stations” will be more of an esthetic meme than an actual physical place on a dial coming from a specific business space with desks and “departments.” Programming and sales – local, regional, and national – will be provided by “outside” sources. Most “talent” will operate as either independent contractors or employees (or “partners”) of these outside companies. Local-ness and/or national-ness will not depend upon actual location of sources but rather focus of content. The biggest challenge facing radio station owner/operators will be to transition their “media station” brands from being licensed entities to effectively competing in the “dark jungle” or “high seas” of unlicensed platforms… without going broke.
In the wider world of media:
AI is going to put “Hollywood” out of business. Oh, there will still be a nebulously geographic place in Southern California called “Hollywood” but it will no longer be mythically based on big studios, production companies, and star talent.
And lovers of freedom will come to recognize the communications arm of “Big Tech” as the greatest threat to liberty facing humanity since World War II.
More on the above in 2026.
Happy holidays!
Michael Harrison is the publisher of TALKERS. He can be contacted at michael@talkers.com.
company’s currently outstanding common stock, based on 6,556,621 shares outstanding as of December 11, 2025. After closing, these shares were returned to treasury and are no longer outstanding. Chief financial officer Samuel Bush says, “We are pleased to announce the completion of a privately negotiated stock repurchase transaction, which underscores our ongoing commitment to deliver value to our shareholders. This transaction reflects our confidence in the company’s long-term strategy and financial strength, while providing us with greater flexibility to manage our capital structure. We remain focused on disciplined capital allocation and generating a meaningful return for all stakeholders.”
Lien Senior Secured Notes due 2031. The company reports that it “received from Eligible Holders valid and unwithdrawn tenders and related Consents, as reported by its exchange agent, representing approximately $476.02 million in aggregate principal amount of Existing Notes, or approximately 97.580% of the aggregate principal amount of Existing Notes outstanding.” This move allows Urban One to kick the can down the road another three years in exchange for paying debt holders a higher rate of return.
If you missed yesterday’s webinar, look for the replay which will be posted today at 
first handed out in 1971, are among the most prestigious in journalism. In 2025, about 5,000 entries were submitted in the professional and student categories, also making it one of the most competitive.” To be eligible, work must have been published between January 1, 2025, and December 31, 2025. This year, RTDNA is offering an Early Bird Discount for entries submitted by 5:00 pm ET on Tuesday, January 20. The final entry deadline is 5:00 pm ET Thursday, February 19. Entrants can find 
across documentary, entertainment, news, sports, and corporate audio.” NYFestivals EVP Rose Anderson adds, “The robust world of audio storytelling today is fully represented in the 2026 edition of the Grand Jury. From audiobooks to podcasts and video podcasts, from investigative journalism to live events, and from mystery to social justice, this year’s men and women of the jury volunteer their time and lend their expertise.” 
Kraeutler – wife of program founder and host Tom Kraeutler. Tom Kraeutler passed away on February 2 of this year, but the show continued with longtime co-host Leslie Segrete hosting the program. The show was produced by Money Pit Media and Squeaky Door Productions. Sue Kraeutler says, “I want to thank our loyal affiliates and sponsors for believing in us going back to when we first started some 25 years ago. This wasn’t an easy decision, but it’s time that we closed the Squeaky Door.” “The Money Pit Radio Show” aired on hundreds of radio stations across the U.S.
1320.” Madson will continue his role as co-host of “The Insiders,” that airs daily from 10:00 am to 12:00 noon. Audacy Sacramento SVP and market manager Aaron Miller says, “Since Kyle joined ESPN 1320, he has demonstrated incredible initiative and passion for sports radio. We’re excited for him to take on this new role and eager to see how he continues to contribute to the success of the station.” About his promotion, Madson comments, “I love radio. I love Sacramento. I love this station. I’m so excited to lead ‘ESPN 1320’ to the heights I know it can climb to.”