OAB 2014: Radio could become “the backbone of the Internet of things,” says industry analyst

TORONTO - Despite the flat growth experienced in the radio industry for several years, radio still has an opportunity to prosper in the new reality created by the encroachment of audio streaming services and the emergence of machine-to-machine connectivity.That’s according to industry analyst Scott Cuthbertson, chief financial officer of e-Radio, who spoke at the Ontario Association of Broadcasters’ Connection 2014 conference in Toronto on Thursday. “We’re staring down the biggest opportunity we’re going to see in media in our lifetimes, and I think radio is in a very central position to take advantage of that,” said Cuthbertson (formerly the media...