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Internet Radio Failing to Find Support?
K Fox asks: "WOXY, one of the Internet's larger radio stations, has announced that it will soon implement a monthly subscription fee, to support operations. When the Cincinnati based station went from terrestrial broadcast 97.7 to Internet only, they vowed to keep their streams free to listers. Now, they are saying that increased broadcast taxes, falling advertising revenue, and the overall uncertainty in the market (local or global?) has pushed them to change their business model. Is this a sign of things to come for the other radio stations, that broadcast over the Internet? Will digital music distribution fall solely to giants like XM and iTunes?"
Actually I think the business model of normal radio is being out performed by services such as Pandora.
Normal radio (even if it's over the internet) is limited to the tastes of the people choosing the music.
Additionally they tend to play to the lowest common denominator.
They play a very small set of songs for a very long time and rarely bring in new content.
Where Pandora is designed to introduce you to new music and have an enormous playlist.
www.pandora.com
Anybody else agree/disagree?