Good subject,Good question. From my standpoint, I have 1 internet station. Just recently this weekend, launched another one. I do it for a hobby and experimental purposes at the moment hopefully I might be able to make a business out of it in the future. Where I believe once when the Quality of service and cell sites (WIFI's) are one day planted, I think it will cause alot of competiition with not only terrestrial, but satellite as well.
The problem with internet only at the moment is the inconsistencies of the thousands of programmers out there. It's a hobby as first, but you have everybody from teens to adults putting up some kind of programming, especially on the likes of LIVE 365, shoutcast, and quite of few others.
Live 365 pretty much leases bandwidth to the customers who are the radio stations on there. For the stations who purchase the non pro packages, it's pretty much a hobby for most. The thing I personally don't like is the CD changer effect and the flatish sound your gonna get when you use the Live 365 servers. My point as a listener.
I myself added my automation equipment and processors to avoid that effect. It makes it easier to consistently change programming without spending time uploading which causes alot of the stations to sound the same over and over and causes tune out listening. When the hobbyists see their rankings start going down, (due to lack of time changing, or just ran out of programming), they start to dissappear.
The good thing about it is there's a myriad of formats out there, some are good, clever or terrible. But hey, it's a choice that's offered to you for free and your choice for sharing or relating to someone else's taste.
At the moment, it's not too far around the corner, there will be devices like the ipod, and the mifi's (XM) that you will be able to walk around town or the world with your favorite pre-set internet radio stations to listen too. There will be more portable and eventually in the cars too...but alot further down the road (unless you can Ipod that with a wireless FM transmitter. But the average person isn't aware of that unless it's shown or presented it in their face.
I have a few products I'm going to try to promote on the station without making a commercial out of it, but drop down 5-10 second promos to lead that person to the internet site for advertising.
The point is to make the web site the commercial while you still stream music.
And find the product you can sell nation or world wide. I don't mean sell Joe's Bar and Grill or Cissy's gift shop that's around the corner.
Internet sales are up in the nation 24%, and driving to malls for gifts or necessities for me are dreadening. I hate those malls, and shopping centers are also more and more crowded for parking.
There are many internet stations that have an average cume share of no more then 1 listener. And there are stations on Live 365 like Mak radio, Soulsville, that have up to a 1000 listeners cume share. That's a lot for net casting. It depends also how much your bandwidth will allow.
A former disc jockey put up a site back 5 years ago and was drawing 200 listeners average world wide. Had to take it down due to copyright problems.
On Shoutcast I see very high numbers for many, but I've seen debates posted in the past about how accurate it is. I wouldn't now what to tell you if that's true or not.
As far as terrestrial simulcasting on the web, the AM/FMer's are not aloud to broadcast their on-air commercials on the web. Yes they can sell seperate commercials for their web streaming, but that seems slow as well. Because you can still get the same corporate broadcasting over the air, but with internet streaming... obviously you can't. (unless you decide to pirate it).
I'm going trial and error with trying to make money with my project. What else do I have to lose. That's why you get in for the fun of it first, and the business part hopefully will follow.
How do you think terrestrial radio did it back in the 20's. Hobbyist set up signals and studios in the garage and basement putting out anything that speaks or makes sounds, and Americans spent over 6 million dollars on receivers just to hear these signals which formed these stations from out of the garages to corporations today.
It would be interesting if anybody out there would share their experience on how profitable there internet hobby or business is or was without the bullsht in there. It would give us all a lift. Then I won't be afraid to go to clients that my stream grabs an average of 1000 listeners a cume. How about $20.00
a spot.
> In comparison to 'terrestrial broadcasting', it seems like
> there are sooooo many more competitors out there that
> internet users can choose from that it just doesn't seem
> worth the effort (from a business standpoint). Maybe I'm too
> narrow-minded, but speaking from personal experience: I've
> never listened to a streaming broadcast in my life...and I
> practially live in front of my computer. In contrast, I have
> my AM/FM radio on in the car every second I'm driving...
>
> From a business standpoint (i.e. If I'm going to get into
> the radio business, I want to make some money at it...not
> just do it for fun), doesn't it make more sense to invest
> money in a terrestrial station, even with hefty FCC
> licenses? Granted: you can reach a 'worldwide' audience with
> internet streaming, but I thought that's what
> 'simulcast-streaming' is for.
>
> I'm not trying to offend or mock the many people who run
> internet-based radio stations, but I find it to not make
> much sense for most of us (again...from a business/profit
> standpoint).
>
> If there ARE any internet-only stations that make any money,
> how do you convince advertisers to spend their $$$ on you
> rather than the ump-teen thousand other internet-based
> stations?
>
> Anyone care to comment?!
>