How SoundExchange is Killing the Radio Star
Just in case you missed it, the latest from the internet radio scene has popular streaming audio service Pandora ready to bow out of the business thanks to a significant rate hike by SoundExchange. Although some claim that Pandora could improve it’s business model through more advertising the real issue at hand is the undeniable attack on streaming media services by SoundExchange. Just like the recent fuss over the throttling of bittorrent traffic by Comcast, this latest attack aims to accomplish one goal; the elimination of “new media” streaming content over the internet. Why you ask? Simple, these new business models are disruptive of traditional media and take control away from the middlemen companies such as SoundExchange and Comcast. Comcast wants to rid it’s own network of any potential competition to it’s own On Demand service while SoundExchange is using high fees to squeeze out competition to both traditional radio broadcasts and satellite services.