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New York TimesAmid all the pressures on the radio industry, news-talk stations see an opportunity — and his name is Barack Obama. After eight years of playing defense for President Bush, the conservatives who dominate talk radio are back on offense. Hours after Mr. Obama’s election, the country’s most popular radio host, Rush Limbaugh, was talking about the “rebirth of principled opposition.” Sean Hannity, the second highest-rated host, quickly cast his afternoon show as the home of “conservatism in exile.” It is a lively time to be behind the microphone. One television talker, Joe Scarborough, is starting a radio show. Another, Bill O’Reilly, is ending his.
Several of the supporting actors in this year’s Republican primary are showing interest in the medium, too. Fred Thompson, the “Law & Order” star turned presidential candidate, will begin hosting a two-hour show in March, as the syndicator Westwood One is expected to announce this week. Mr. Thompson’s show would take the place of Mr. O’Reilly’s.
Rudolph W. Giuliani, the former mayor of New York City and a Republican presidential candidate, had been in negotiations with Westwood One for Mr. O’Reilly’s time slot, according to two people with knowledge of the talks who spoke on the condition of anonymity because a deal was not struck. Mike Huckabee, the former Republican presidential candidate who now has a weekend program on the Fox News Channel, is trying radio as well, hosting short segments for ABC Radio beginning Jan. 5. While there are plenty of topics to talk about — and plenty of hosts willing to do the talking — nagging questions about the business remain. A sharp advertising downturn is limiting revenue for stations. And some hosts are worrying about the relevance of talk radio in a digital age.
But radio, at least for now, still acts as a national megaphone for influential voices. This year, news talk ranked as the most popular radio format in the United States, surpassing country music for the first time ever. Forty stations have added news talk in the last year, for a total of 2,064 that use the format, up from about 1,500 a decade ago, according to the trade publication M Street.
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http://www.nytimes.com/2008/12/22/business/media/22radio.html