Geoffkait 12-5-2016
Current traveling down the wire generates a *magnetic field" - that’s the *induced magnetic field* and has absolutely nothing to do with either an em field or the *electromagnetic wave* that is the audio signal. The induced magnetic field is stationary, obeys the right hand rule, whereas the electromagnetic wave (audio signal) travels at near light speed, as I’ve described.
Geoff, I believe this is not correct. It would be more correct for DC, but as you'll realize AC (including audio signals) is continuously changing in both amplitude and polarity. And the magnetic field described by the right hand rule will therefore be continuously changing in both magnitude and direction.
Also, in the context of a signal propagating along a cable I believe it is incorrect to distinguish between an "induced magnetic field" (stationary or otherwise) and the "electromagnetic wave that is the audio signal." There is simply a magnetic field and an electric field. These two fields are what propagate at near light speed.
That said, much of the discussion of these matters, while perhaps of academic interest to a few, IMO has little if any practical relevance.
Regards,
-- Al
P.S: My thanks are extended to Marqmike for his gracious if perhaps somewhat premature comment :-)