Mike Gordon, the managing director, commercial at Global Radio, spoke to Media Week at Media360 about recent change in the radio industry and the importance of quality content.
Gordon said radio is essentially, "a box with a plug and a speaker" and it is the quality of the content that is keeping today's audience engaged.
Talking ahead of a panel session where he spoke, Gordon said: "If you look around the world, what is a radio? Is Apple iRadio radio? Is Pandora Radio radio? You know, we as Global, we're not a radio business we're a music entertainments business."
Because people now consume audio on various platforms, said Gordon, the past two years in particular have seen a change in advertising models that until now never existed.
Video produced by Georgina Brazier and Joel Fothergill
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