[wtracy]

Anyone care to summarize why it's more profitable to operate on FM, and why the FCC cares about incentivizing them to operate on AM?

[quesera]

FM has more bandwidth per channel, so better sound. And stereo. Doesn't matter much for talk radio, but it sounds like this station was mixed music/talk?

Some modern listeners don't even know what AM stations are.

AM has better propagation (lower frequency), but inherently more noise (amplitude modulated).