Can AM Radio Reign Again?

As satellite and radio starts to emerge one company hopes to take advantage of an already existing technology, but just adding a few key touches to give it a new found power. It is called Digital Radio Mondiale (DRM)and is striving to become the "digital replacement for "for traditional long-, medium- and short-wave radio." The advantage of this is that it is relatively low cost, as you would only modify existing AM stations, and at the same time have a greater range than current FM stations. The new technology can allow for music to be heard as far as halfway across the world, this was exhibited in a recent test were transmissions from Europe were heard clearly in Australia. Only time will tell if this technology can hold its own against new-age competitors.