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Is Anyone Making money?

P

Plays Well With Others

I've been looking at turning on a Internet Radio station for some time now, but I'm still on the fence if I should pull the trigger. I don't look at it as a time-waster or a hobby, but a serious way to make some money.

Are you succesful with your station, and if so do you mind sharing some tips?
 
I've been operating for 3 years and never made a dime. It's all outflow. While I view it as a hobby, it would be nice to offset at least part of the expense.

Don

http://www.radio252.com
 
During the 7 years I ran CapitalRadio.us it hemorrhaged money. The last couple of years a couple of dedicated listeners help me come close to almost breaking even on some months but the station was never close to being self sufficient. Unless you have some big cash backers (or are on the air illegally by not paying royalties) I don't see any way to make money in online radio. In fact, it boils my oil that I see stations online that I damn well know aren't paying any royalties for the music they played.

Sorry, but that's my 2/100ths of a dollar for ya!
 
gunterm said:
You need a windows media tuner listing to make money, nothing else works.
Click to expand...



Let me ask you a stupid question...or maybe I'll just learn something. Why do I need to be on windows media tuner to make an Internet station profitable? And maybe you can share with everybody on how to be placed or listed on Windows or I-Tunes directory.
 
It's the only one capable of showing banner ads, nothing else does and unless you are good at selling audio ads by yourself there's no way to monetize mp3 streams.

Sort of a catch 22, it costs a fortune to have thousands of listeners, yet you need those thousands in order to get Net radio sales or ronning lipset interested. (then again I have a few thousand aggregate and they still won't talk to me).
 
Yes I am making some money with my Station "That 70's Channel" via LIVE 365 its not much however
its paying the bills (royalties) and paying for the enhancements (jingles, scheduler and music) however
I had give up super great quality sound for mass distribution, I do have additional sources to choose
to make money and I am slowly adding those, I am having a Blast now with this station it is fun to listen to
and fun to program, check it out www.that70schannel.com - keep smiling :)
 
The best way to make money with internet radio is to target a local community lacking local radio, and only if it's tied in with part 15 transmitters scattered round the town. Streaming is not cheap especially when it dead ends to just one computer or listener. Each of our closed streams feeds a transmitter, some are AM and some FM. The FM's are used in apartment complexes and other MDU's like hotels and shopping centers, while the AM's feed residential areas and business district.

Music should be strictly independent unsigned artist, otherwise the record companies will suck you dry! I don't see how stand alone streaming radio can make any money without targeting a local market, most of the big spenders in national advertising on radio are cutting way back on their ad budgets. We have one FM transmitter serving a 600 unit apartment complex with a Gas Station, Bar and Restaurant in the coverage area, it cost next to nothing to operate the FM transmitter when compared to what it would cost streaming to that many people with the royalty fees and the stream cost itself.

Links to our open streams which carry our talk programming are never advertised on the internet, but are advertised in the local print media and flyer's only. It does our advertisers no good to have someone listening in Sweden, or Kansas, and our servers can only handle so many streams.

The only folks making any money with stand along streaming radio stations are those collecting royalties for the record company executives, and streaming host. Streaming radio for the most part is just an expensive hobby.



Steve
www.radiobrandy.com
 
More stations should get an advertising team together and make a media kit, it works!

If your more into the auction style things i'd suggest Bid4Spotshttp://bid4spots.com, it's a Reverse auction where the station owners bid for the lowest eCpm. It works but you have to be able to bid just about every 5 minutes.

Another company called ReplaceAds http://replaceads.com uses the StreamAds program by Spacial Audio Solutions, however the StreamAds program requires a monthly subscription fee, I think it's around $129. ReplaceAds trys to get the most bang for your buck, and its current portfolio is AM/FM/Satellite and Internet Radio stations using Preroll, Buffer and Video ads.
 
DHMRadio said:
More stations should get an advertising team together and make a media kit, it works!

If your more into the auction style things i'd suggest Bid4Spotshttp://bid4spots.com, it's a Reverse auction where the station owners bid for the lowest eCpm. It works but you have to be able to bid just about every 5 minutes.
Click to expand...

Don't waste any time with bid4spots, they haven't had an auction in 6 months and when they did the prices were bid down to pennies per ad play...
 
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