John R. Quain
January 19, 2011
Technology companies love to boast about how their services disrupt — in some cases even wipe out — existing businesses. Now they’re taking aim at a business that’s been a mainstay in our lives for over a century: radio.
Streaming music has made incursions against the established music business even since Napster began offering free (illegal) songs; but now a slew of legal online radio stations are crowding the music space. Rhapsody, Slacker, Last.fm, Grooveshark, MOG, and Spotify are just some of the better known services. They range from free streaming radio stations to on-demand subscription services, but the overall goal is clear: they want to take out traditional radio.