D7 directions: Community Media?

The D7 Community Media project, http://groups.drupal.org/community-media, (previously Open Media Project in D6, http://groups.drupal.org/open-media-project) is an end-to-end suite of modules for managing Public Access TV station assets relevant to producers: shows, airings, scheduling, video media assets, transcoding, playback server integration, media archiving, producer projects, physical and studio inventories, and continuing education classes. It is actively being used or developed in major markets throughout the US: Bay Area CA (BAVC), Manhattan NY (MNN), Austin TX (channelAustin), Denver CO (Denver Open Media), et al. Because of differences in playback servers, asset management, scheduling rules, etc., it does require a good amount of customization for every installation.

I would love to see the Community Media modules expanded or forked to incorporate broadcast, satellite, and Internet radio stations as a target audience. Having worked with both the Open Media and Community Media code, I believe there is a lot radio stations can leverage in these suites and I am surprised no one has (to my knowledge). However, there are enough variations that a fork might be necessary, or some hybrid of Station and Community Media (e.g.: most stations don't need the OG 'project' from which shows and airings are derived, don't need classes, and don't need inventory management the way it is used in CM) But I believe CM should be considered when looking at possible directions for the Station module in D7. I am actively working on a D7 project that will incorporate elements of Community Media for an Internet radio station. I admit I have less experience with Station than CM, but to me it seems as if CM provides a more extensible framework than Station that could adjust to different stations' business rules.

After a session at SXSW, momentum may be growing around shared funding of Community Media initiatives, and maybe a similar group effort could be created to branch/fork/rebuild CM+Station or something similar.

One of the exciting developments around Community Media (for me at least) is the potential for the Derivatives API project, http://drupal.org/project/media_derivatives, used in conjunction with Media module as a replacement for Media Mover for moving media files around, transcoding on the fly, sending to archive.org, attaching to nodes, etc.

I'd like to attend the "Using Drupal for Managing Radio Stations" BOF at DCon 2012 (if I can find out when/where it is) and see if there's any interest among existing or potential Station users in pursuing a direction that somehow leverages this codebase.

Initial thoughts?