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It is often said that the demand of radio and audio entertainment as a whole is...

It is often said that the demand of radio and audio entertainment as a whole is on a steep decline. Do you agree with this statement in media studies

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Answer #1

There is a revolutionary and disruptive innovative change in the radio and audio entertainment, where the radio is being replaced by internet radio and audio is being replaced by online audio music streaming. So, overall radio and audio entertainment is not on a decline, rather the use of technology, device and medium of service in this industry has changed. It has cause radio and audio entertainment to grow over 18.5% rate to become a market of over $5 Trillion in 2025, from over $3.5 trillion of today. It is a very healthy growth rate that shows that with the aid of technological transformation, radio and audio entertainment is not on decline, rather it is growing in different parts of the world.

Hence, I do not agree with the statement that the mentioned industry is on a decline.

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