"Of my four neighbors, two on each side of my house and two across the street, not one has a stereo in the home. Today, all of them listen to music on their computers."
OK, that's fur people, only 100,000,000 more to go. By the way here's an interesting paragraph from 2001;
"The audience research firm also said Tuesday Internet radio stations streamed more hours of programming during the week ending Dec. 9 than ever, with total listening up 364 percent vs. the first week of the year. Virgin Radio's adult alternative station, based in London, was the most popular Webcaster. Others among the top five included The New York Times' WQXR, Classic Radio's KING-FM, and MEDIAmazing, an Internet-only operation based in Nazareth, Pa. MeasureCast said the most-listened to 25 Webcasters reached 312,040 people during the week."
from 2003;
Top Webcaster Pulling Plugs
Vin Crosbie on licensing fees
Frank Barnako of CBSMarketWatch today reports how Clear Channel Worldwide, lately ranked as most popular webcaster on the Internet, has begun turning off webcasts by some of its music stations due to the Internet music licensing fees now demanded by the American Society of Composers, Authors, and Publishers (ASCAP) and by Broadcast Music, Inc. (BMI). He reports that Clear Channel's Houston-based KTBZ dropped its webstream and blamed "costly fees now required from online broadcasters by the music licensing organizations BMI and ASCAP." Other Clear Channel stations in Los Angeles, Miami, and Dallas also have halted their webcasts, according to Radio and Records, a trade publication. Arbitron's MeasureCast ranks Clear Channel as the world's most popular webcast network during the week ending Dec. 16.
And since then CBS Radio has started streaming it's content, so the competition for the audience has gotten tighter. WFAN in NYC is an extremely popular station which is now webcasting, their broadcasts. Traditional broadcasters still lead in audience numbers by a wide margin. Listening to someone playing polkas from the Atlas mountains is a novelty. In the end traditional broadcasters still own the content which most people want to listen to. It will remain this way throughout our lifetime at least.