Radio used to have a monopoly on entertaining and informing people. If you go back to before the advent of television, radio was literally the only way to get live news and entertainment. Even after television became the dominant medium, radio had a place in people's cars and when they were on go, ...
https://www.thestreet.com/retail/spanish-broadcast-systems-another-major-radio-brand-files-chapter-11-bankruptcy#thestreet
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