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Chart of the Day: Old Media Evolution
The following chart from a new GAO report on media ownership shows the number of media outlets in the United States for TV and radio stations, and newspapers between 1970 and 2006.
The growth rate all types of Old Media outlets -- except FM radio stations -- has slowed since 1990 when compared to the previous two decades. This is partly due to market saturation, but also speaks to the increased competition from the web:
Given the radio industry's troubles these days, it's a sure bet that past trends won't continue. It'll also be interesting to see how a merged Sirius and XM transforms the industry. It's not a great analog, but satellite TV took a big bite out cable TV subscriber growth -- by as much as 71 percent:
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