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:
“Now they can do the radio in so many languages that nobody any longer dreams of a single language, and there should not any longer be dreams of conquest because the globe is all one, anybody can hear everything and everybody can hear the same thing, so what is the use of conquering.”
—Gertrude Stein (1874–1946)
“Whatever I may be, I want to be elsewhere than on paper. My art and my industry have been employed in making myself good for something; my studies, in teaching me to do, not to write. I have put all my efforts into forming my life. That is my trade and my work.”
—Michel de Montaigne (1533–1592)