recto101 said:
I think web radio will live on longer because more people get their music from the web now than AM or FM radio. I think this is so because FM and AM radio revenue in recent years is only from Talk radio.
I'm not the world expert on listening habits across the country (assuming we're only talking about the USA) but I really doubt there are more online listeners than terrestrial. True, there are many more online "stations" but doing even a perfunctory poll shows the listener population for each is less than 25 per at any one time. Some of the big ones obviously have more but nothing, I would think, approaching the major OTA radio markets. Some statistics might be desirable here to prove your claim.
As far as revenue.....baloney. Hardly any Internet stations are making significant money. While OTA music radio isn't the printing factory it once was it still does pretty well in most markets of any size. It would be interesting to see just how much revenue is coming in to those Net stations NOT streaming an OTA signal. If you have any data on that by all means let everyone know.
The long term use of the Net by radio listeners will depend in large part on whether it can deliver a quality and reliable signal over mobile at a reasonable (or lower) cost. Right now it isn't competitive due to cost and signal quality issues.
I think I am pretty typical of Net radio listeners. I am willing to put up with occasional signal dropouts and a lower signal quality to hear content not available in my OTA market. OTOH I am not willing to pay very much to do that so any subscription service needs to be fairly inexpensive. With cost comes higher expectations though and that is going to affect mobile Net radio as well. You will begin hearing the same complaints as Sirius and XM have suffered.
I have a 20-year old cousin who uses his iPhone to listen to Net music. AFAIK he never listens to OTA radio. But his folks are paying the $80/month for his unlimited data rate. When he begins paying it out of his own pocket his listening habits might be in for a change. And I know of no one over the age of 40 who does this so its going to be awhile until us old farts die off and allow the Net takeover.
In short, this contest might well have just started. Too many variables right now to pick a winner. My 2 cents of course and YMMV.