Amidst today’s discussion of local and mayoral election
results one sad loss from the British media landscape should be marked. After only a
short time on national DAB radio Friday 5th May 2017 is the last day of broadcasting on that
medium for Share Radio.
Although my financial self-education was already well
advanced, my listening to the station since it went UK-wide in 2016 has
considerably deepened my knowledge of investing and the political context
shaping personal finance.
The station introduced me to a range of voices I wouldn’t
otherwise have heard (e.g. Russ Mould, Chris Bailey, Rodney Hobson) and
provided specialist shows on investment trusts, crowdfunding, emerging and
frontier markets whose breadth and depth of content put the BBC’s scant
coverage of business and finance – especially on national radio - to shame.
Indeed from Monday 8th May 2017 unless Share
Radio’s estimable Market Wrap feature survives in the station’s reduced online
form there will be no comprehensive evening analysis of the day’s business and
finance news on UK national voice-based media.
If Share Radio no longer has the capacity, surely someone
else should step up to provide a much-needed conversational distillation of the
day’s company announcements and market movements for the ever-growing private
investor community?
A Stockopedia daily podcast perhaps?
Or maybe like more and more aspects of investing itself,
this is something I/we may have to do for ourselves?
How about a crowd funded financial radio possibly with sponsored slots by SIPP providers/stock brokers /Insurance companies/Building societies /financial publications etc.
ReplyDeleteI thought Share Radio was great listening.
Thanks for the comment.
ReplyDeleteUnfortunately if a fully fledged national DAB radio station like Share can't attract sufficient advertisers I doubt if a crowd-funded model would work.
As I allude to in the blog post, perhaps an existing personal investing site like Stockopedia or Citywire should step up. Also, the more I think about it the more annoyed I am at the BBC's lack of radio coverage of business and finance after 6 a.m. (i.e. once Wake up to Money ends).