While the news hasn’t been great for Sirius XM lately, at least the bigwigs at the newly merged satellite-radio company can feel somewhat consoled by the fact that things suck for terrestrial radio, too. Jim Boyle, who watches the industry for CL King & Associates, reports that “”October was the 18th consecutive negative year-over-year revenue month and 2008 is the eighth straight struggling year” and that radio hasn’t seen these sort of troubling times since 1954. In what cannot be a coincidence, both Ryan Seacrest and Bubba the Love Sponge expanded their syndicated shows to new markets this week. [FMQB]
