Running Out of Air

摘要

Last winter, Jeff Smulyan rallied broadcasters around a plan he claimed was nothing short of the financial salvation of the local-television business. The Emmis Communications CEO believes he has solved a major puzzle facing the owners of all TV stations: how to make money from their digital-TV signals. USDTV CEO Steve Lindsley followed a similar business idea and actually put his venture on the air. Lindsley proclaimed he would quickly roll out service across the country after the first three cities. A year later, Smulyan's project has yet to get off the ground; Lindsley's is on the rocks.