The top lobbyist for the broadcast television and radio industries urged the industry to embrace change or be left behind.
"We must seize the opportunities that new technology platforms present to broadcasters, otherwise we are essentially handing our competitors the keys to our future," said Gordon Smith, chief executive of the National Assn. of Broadcasters, in his opening remarks at the trade association's annual convention taking place this week in Las Vegas.
Broadcasters are gathering at a time when there are many clouds on the horizon. Besides the usual competition from cable, new distribution and content services such as Hulu and Netflix are emerging as viable threats. Local broadcasters, once the only option for entertainment fare, are now just one link in an increasingly long chain.
Smith urged broadcasters to develop more of their own content and make it available on as many platforms as possible.
"As consumers' appetite for local TV on the go continues to grow, broadcasters must continue to rise up to meet consumers' desire for more live, local TV content," Smith said.