Internet Radio
Online music stores receive competition from online radio, as well as file sharing. Online radio is the free distribution of webcasts on the Internet via endless streaming. Listeners can create customizable "stations" based on a genre, artists, or song of their choice. Notable Internet Radio service providers are Pandora, Last FM and recently Spotify, with Pandora being the largest. Pandora holds 52% of the market share in Internet radio, with 60 million registered users and almost one billion stations from which users can choose.
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Famous quotes containing the word radio:
“The radio ... goes on early in the morning and is listened to at all hours of the day, until nine, ten and often eleven o’clock in the evening. This is certainly a sign that the grown-ups have infinite patience, but it also means that the power of absorption of their brains is pretty limited, with exceptions, of course—I don’t want to hurt anyone’s feelings. One or two news bulletins would be ample per day! But the old geese, well—I’ve said my piece!”
—Anne Frank (1929–1945)