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Bad news for Limbaugh and conservative talk radio:

"Tremendous chunk of advertising revenue" lost;
support from advertisers for conservative talk radio "dwindling..."


Rush Limbaugh

There have been tantalizing hints and news snippets. But now, radio industry insider Norman Pattiz has let the cata saber-tooth tiger, reallyout of the bag. Talkers.com said of his keynote speech at this week's New Media Seminar:

Consistently sounding a no-nonsense tone, Pattiz assured attendees that this is a very serious time.  Along those lines, Pattiz even mentioned that his comments that kicked off the enthusiastically well-received event would not be going for laughs.  Touching on a variety of bullet points, the former Westwood One honcho commented that, despite the fact audience size is unchanged, there is dwindling support for conservative talk radio from national advertisers. [emphasis added]

  —Talkers.com: New Media Seminar

Dwindling. As in, still going down.

All Access Music Group added,

Keynote speaker NORM PATTIZ of COURTSIDE ENTERTAINMENT discussed the need to deal with change in the radio business, from the "dwindling" advertising base for conservative talk radio to competition from new technology.  "The audience for conservative talk radio is still there," PATTIZ declared, but noted that the RUSH LIMBAUGH-SANDRA FLUKE controversy was used by MEDIA MATTERS FOR AMERICA and others with a political agenda against talk radio; he recounted how advertisers (many of whom were unaware they were advertising on talk radio at all) were targeted and a "tremendous chunk of advertising revenue... was wiped out."  He said that the result was a loss of revenue for all talk radio, adding that media companies' debt load is placing "intense" pressure on the creative end of the business.  "Those rules are changing" because servicing debt is more important to the business than the quality of the content, PATTIZ said.  He criticized the practice of giving programming away online for free or "peanuts," saying that he is "going to try to do something about it."[emphasis added]

  —All Access Music Group: Talk Radio's Challenges The Focus At New Media Seminar

I do not speak for, nor am I in any way connected with Media Matters for America. However, I find it very unlikely that they, or anyone else has "a political agenda against talk radio." I listen to talk radio every day.

That said, I agree with much of what was said here. The Stop Rush movement does not in any way target Rush Limbaugh's audience, so it makes sense that an audience is "still there" (although it isn't what Rush claims it is, either). We already know that the radio industry has lost millions because of Rush. And we already know that some titans of the radio industry are burdened by massive debt. What we haven't heard before is such a clear statement of how damaging the backlash against Limbaugh for the Limbaugh/Fluke fiasco has been for all of talk radio. We knew about it; it is just very interesting to hear it so clearly stated.

Others likewise saw the pushback against Rush Limbaugh in political terms; Phil Boyce, the one voice defending Limbaugh and talk radio on a National Association of Broadcasters panel that recently suggested replacing talk with all-news, declared that "People on the left want to kill talk radio."

Pattiz summarized his outlook for the talk radio industry: "Those who do not adapt will be swallowed up." Yup.


     
Rush Limbaugh's talk radio career is in a slow downward spiral in part because of the activism of consumers, volunteers, and activists who seek to hold Rush accountable for his hate speech. One very active group in this cause is Flush Rush on Facebook. Flush Rush and other, similar groups use the StopRush Database to inform advertisers about where their ads are appearing.

Please consider joining. Small donations are also accepted to fund data storage; visit StopRush for more information.

Some recent Rush-related diaries that you may find of interest:

Rush Limbaugh's evil twin

Sandra soars, Limbaugh slides

Rush Limbaugh's unceasing racist, duplicitous attacks on President Obama

How Rush Limbaugh gets away with fomenting violence and hate against liberals; the poor; minorities

Hail — Sandra Fluke!

Originally posted to Richard Myers on Sun Oct 14, 2012 at 01:23 PM PDT.

Also republished by Sluts.

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