There has been a lot of talk on tech websites about the upcoming iRadio service from Apple. Apparently the service is still planning a summer launch, but at a higher royalty rate than they had desired (they tried to pay half of what Pandora pays, now they will pay more). The service is rumored to include some features unavailable to statutory-licensed internet radio, such as the ability to rewind songs.
As is usual, the press is predicting the death of Pandora. They have done this numerous times with the launches of iHeart, Spotify, Songza, Turntable.fm, etc. But they are leaving out perhaps the most important part. This is going to be built into iTunes. What does this mean for the hundreds of internet radio stations that are listed in the iTunes directory? Are they going to have to compete with this new service or are they simply going to be replaced in iTunes in favor of iRadio? If I had to guess, I would guess the second. It is also likely to be built into iPhones and iPod Touches to compete directly with TuneIn and Shoutcast.
This might be one of the largest threats to internet radio stations, second to royalties. Definitely something to keep an eye on. I enjoy many great internet radio stations and I know many board members here run some great stations. What are your thoughts on this?
As is usual, the press is predicting the death of Pandora. They have done this numerous times with the launches of iHeart, Spotify, Songza, Turntable.fm, etc. But they are leaving out perhaps the most important part. This is going to be built into iTunes. What does this mean for the hundreds of internet radio stations that are listed in the iTunes directory? Are they going to have to compete with this new service or are they simply going to be replaced in iTunes in favor of iRadio? If I had to guess, I would guess the second. It is also likely to be built into iPhones and iPod Touches to compete directly with TuneIn and Shoutcast.
This might be one of the largest threats to internet radio stations, second to royalties. Definitely something to keep an eye on. I enjoy many great internet radio stations and I know many board members here run some great stations. What are your thoughts on this?