According to a recent NPD survey, Pandora-style internet radio and "on-demand" services like Spotify and Rdio replaced CDs as the second-most popular way to listen to music, trailing AM / FM radio format.
For the quarter ending in June, the audience for Internet radio services in the United States, which include companies such as Pandora Media, grew 27 percent from the same period a year earlier, NPD reported. In comparison, on-demand services such as Spotify, YouTube and Rhapsody, grew 18 percent over the same period.
Web radio stands to be an important money maker and it's not hard to figure out why...
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For the quarter ending in June, the audience for Internet radio services in the United States, which include companies such as Pandora Media, grew 27 percent from the same period a year earlier, NPD reported. In comparison, on-demand services such as Spotify, YouTube and Rhapsody, grew 18 percent over the same period.
Web radio stands to be an important money maker and it's not hard to figure out why...
View Discussion Text