The "radio industry" is a generic term for any companies or public service providers who are involved with the broadcast of radio stations or ancillary services.
Radio broadcasters can be broken into at least two different groups:
Public service broadcasters are funded in whole or in part through public money. This may be through money received directly from the government, or, as in the UK, through a license fee. The license fee is typically protected by law and set by the government, and is required for any household which contains equipment which can be used to receive a TV signal.
Commercial broadcasters (also called Independent Local Radio in the UK) are largely funded through the sales of advertising spots on their radio station. Commercial stations are often quite local, and may have some public service commitments within their permit.
In the UK, the radio industry regulator Ofcom are looking to establish a third tier of radio, called community radio. These radio stations will be fairly small and run by community groups.
Famous quotes containing the words radio and/or industry:
“from above, thin squeaks of radio static,
The captured fume of space foams in our ears—”
—Hart Crane (1899–1932)
“I have never yet spoken from a public platform about women in industry that someone has not said, “But things are far better than they used to be.” I confess to impatience with persons who are satisfied with a dangerously slow tempo of progress for half of society in an age which requires a much faster tempo than in the days that “used to be.” Let us use what might be instead of what has been as our yardstick!”
—Mary Barnett Gilson (1877–?)