The Economics of Pirate Radio
Illegal
unlicensed pirate radio has been part of the airwaves from the first days of
regulation. ‘Radio pirates’ initially were those who refused or failed to pay
for a license to listen to radio while in later years it has referred to those
who have broadcast without a licence. Pirate radio especially in the western
world has been a commercial success and has created a radio industry once the
preserve of state monopolies. In 2010, the British regulator OFCOM[1]
claimed that some UK land based p...
Read more at ibhof.blogspot.com