You are not off the mark at all, brother. Internet streams are indeed a dime a dozen, and if you are a "casual" listener, you'll settle on the first one you come across that sounds familiar to you (i.e., like the terrestrial product that has been delivered to you over the past 10 years), while there may well be superior streams out there. I grow so tired of old guard terrestrial apologists dismissing Internet streams as some infinitely inferior product being born by 12-year old kids in the basement of their parents home. There are plenty of guys like me, knowing the negative perception of Internet radio propogated by the gate keepers, who work tirelessly to make their streams sound so professional that listeners treat it like the radio stations they grew up with. The challenge for a guy like me, as a small broadcaster, is twofold: (1) How do I separate myself from the rest of the competition (last I checked, there were 150 individual stations listed under Jazz on iTunes); (2) If I get too big, where is the money going to come from to sustain the added cost of bandwidth and royalties payments? Either way, it is going to take capital I do not have (to launch an aggressive ad campaign with professional mailers, cable TV ads, etc., and to fund the additional operational costs involved with surging listenership). It is the paradox all Internet broadcasters face. It is VERY inexpensive to get a station going and make it sound as good if not better than terrestrial radio broadcasts. But you can only grow to a certain point where it becomes cost-prohibitive to grow any further. The system is rigged to protect the gate keepers from serious competition. There needs to be parity in the royalties payments structure if Internet broadcasters are ever going to seriously compete with the big boys.
You have raised very valid and thought-provoking points, and as we move forward and try to promote future events, we should reflect on what went wrong with the Oasis Cjazz Awards. And you're right. No one is immune. WSJW does a very commendable job with Berks, but when I was up there two years ago, I was stunned to sit in 2/3 full venues for headliner acts. And the music is alive and well. But we need to find a way for sponsors and advertisers to buy into Internet radio (and I am not talking Pandora) so we can start to seriously work with promoters and artists on events to make it profitable for all parties involved. Since we don't have the overhead that terrestrial stations have, our fundraising goals can be much lower. But at the end of the day, the system is geared to protect the big boys, making it nearly impossible for small broadcasters to grow to the point they can be remotely attractive for advertisers/sponsors.