[James2001]

21% is still a lot. Especially as I imagine much of that, as I said, is in cars where people don't have DAB and online streaming isn't feasible (and people listening in cars at breakfast and drivetime are often the most profitable time for commercial stations).

As has been said, the likes of GHR wouldn't be expanding on FM to the extent they have been if they didn't think there was money to be made and it will all be closed down in a few years.