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Clear Channel buys Thumbplay streaming service

M

MattParker

Radio station owner Clear Channel Radio said Tuesday that it will buy part of digital music company Thumbplay Inc. so that its listeners can stream more music over the Internet using computers and smart phones.
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Bob Pittman Quickly Puts His Internet Expertise to Work For Clear Channel.
You have to think that radio traditionalists may be having a problem with the latest move by Clear Channel. It's a push pull kind of situation right now. Radio people are in the business of programming radio stations so enough listeners will lead to gobs and gobs of advertising revenue. Smart radio people also realize the need to stay ahead of the Internet curve. Consumers want more than a pre-programmed music station filled with (don't kill the messenger) way too many commercials. Models such as Pandora and Slacker are popular. The unknown is revenue. Can this model create gobs and gobs of money? We shall see...
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Problem with that is Thumbplay is more like Rhapsody & not like Live365.

Terrestrial radio broadcasters (Like the music industry itself) just don't get it.

People wanna stream their music collections & run THEIR OWN stations. People don't wanna fatten the wallets of some huge conglomerate further than they already are.

If terrestrial radio broadcasters really wanna contribute to the economy, I say they should provide an outlet where ORDINARY PEOPLE can either run their own radio station or show just like Live365 does. If listeners like what they hear, then the station owner/show host stands a real good chance of landing a job in terrestrial radio.

I mean look what CNN is doing with its iReport service. Look at where MSNBC is turning to as a source for some talent for their shows (Cenk Ugyer being an example of this). Surely there's no reason why terrestrial radio can't do something similar.

Besides, Live365 could use some stiffer competition (Sorry but SHOUTcast doesn't qualify IMO & Icecast is a JOKE IMO).

Just my opinion.....

Cheers :D
 
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