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:
“Having a thirteen-year-old in the family is like having a general-admission ticket to the movies, radio and TV. You get to understand that the glittering new arts of our civilization are directed to the teen-agers, and by their suffrage they stand or fall.”
—Max Lerner (b. 1902)