Short-wave international broadcasting enters the last phase of a crisis that has lasted almost 20 years. In this last phase, international broadcasting has been confronted by Internet and now faces up new challenges that emerge from social, economic, political and technology variables. If this phase cannot be surpassed, short wave international broadcasting will become a thing of the past, only to be appreciated as an old art. This article exposes the abovementioned different variables, being as it is, an issue of great uncertainty and constant changes, and makes plans for the future of radio broadcasting taking in stride today’s historic vectors and resorting to our imagination.