Currently looking at the economics of setting up a radio station in South-East Asia along similar lines to Radio Bario highlighted in the video below. Low-power FM radio stations cost a fraction of what they used to. For communities where a language is spoken by only a few hundred thousand, there will be never be a business model for a full-service TV station in those languages. It will be a long time before these stations think of going digital. FM receivers are built into locally available smart and feature phones. That integration is going to be essential for radio's future.
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Always interested in constructive feedback.