Ned M Campbell

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Until the 1920s, providers of entertainment and information almost never gave their products away. Even cheap newspapers cost a few cents. So when the magical new medium of radio came along, because there was no way to charge listeners, its founding American impresarios required some time to figure out a business model. The wheel they reinvented was the medicine show: they could broadcast a mixture of entertaining fiction (Amos ’n’ Andy, Mystery House, Let’s Pretend) and occasional information (news) and give it all away, because their actual business would be—d’oh!—charging companies to ...more
Fantasyland: How America Went Haywire: A 500-Year History
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