Is this the dead end for Radio?
Is radio approaching an end or embarking on a digital beginning? This article offers insights into the future outlook of the radio business.
image for illustrative purpose
In this era of the 'know-it-all' generation, digital media has become the pulse of all information. Given the quick-paced and evolving nature of this medium, it has become the perfect means to match the vitality and celerity of this plugged-in generation. A recent incident involving actress Kangana Ranaut being slapped by a CISF woman constable quickly became the hit news, with social media platforms like Instagram emerging as key channels of support, witnessing polls in favour of the female officer. The involvement of Instagram hints towards the profound integration and dependency of the platform in people's lives, indicating the increasing dominance of digital media.
Even though digital media has surely enhanced access to information, there was a time when gathering together in one location where the network frequency was high to listen to cricket match commentary over the radio was the only way to access live updates. Since then, radio has served as a vital means of entertainment for people. From transitioning into a source to access morning headlines in cars during the work commute to becoming on-the-go with mobile phones, radio has passed through various evolutions and remained resilient throughout. However, the advent of digital media has completely transformed the public's attitude towards information accessibility.
The question is, does this mean it is an end for traditional media such as radio?
A dead end or a dynamic beginning?
Despite its status as a traditional media platform, radio has demonstrated remarkable resilience over time. Actively adapting to the latest advancements in the domains of content and technology, radio has not only survived but thrived. Prospering on its wide reach, authenticity and hyperlocal prowess, accompanied by a never-ending pool of content, radio is going beyond its conventional boundaries and expanding into multiple channels. This encompasses social media and other digital platforms, enhancing content accessibility for listeners.
"This is certainly not a dead end for the radio; rather the industry is amidst a revolutionary transformation. Moreover, this medium is more of a lifetime promise for its avid listeners since it has garnered an unparalleled and timeless reputation amongst the masses over time. Mastering the intricacies of digital content creation, radio is diving into dynamic solutions, targetting multi platform presence. Brands like Mirchi and Fever are leading the charge by adopting comprehensive 360° digital solutions that are focusing on various digital means such as YouTube and podcasts, amongst others, surpassing the very nature of radio. It is no longer about being an FM but a digital information carrier, targeting large audiences, which has been the core of radio since its inception," says RJ Avni Batra, Fever Network, in an exclusive conversation with Bizz Buzz.
Thus, it is apparent that radio is far from hitting a dead end but witnessing a dynamic evolution that will transform the future trajectory of the medium, paving the way for new avenues and possibilities.
Ushering in a new era
The future of radio is surely digital. The advent of digital innovations has offered a future-proof avenue for tapping into and introducing technologically enhanced entertainment options to the audience. This is nothing short of a unique opportunity for the radio business to harness the might of digital platforms to extend beyond its conventional role and further solidify its position in the ever-evolving entertainment landscape.
"To keep up with the growing pace of digitalization and its acceptance amongst new-age receptors, it has become vital for entertainment mediums to welcome digital developments with open arms and radio is no stranger to it. Fever Network, a reputed digital-first radio brand, is all set to launch International Punjabi Fever as a live website with the motive to enable listeners to access live radio from anywhere in the world. This demonstrates the brand's commitment to staying relevant in a digitally-driven world," remarks RJ Rahul Makin, Programming Director, Punjabi Fever, in an exclusive conversation with Bizz Buzz.
Over the years, the media landscape has undergone numerous changes, yet radio has maintained its steadfast presence, owing to its enduring appeal and credibility. In today's digitally-dominated era, a unique amalgamation of modern tactics and traditional credibility aimed at sustaining radio's relevance and success is ideal to set the medium on the get-set mark to enter a novel phase of growth.