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BRS Medias Web-Radio reports a steep decline in the number of stations webcasting.
For the first time in history International stations outpace stations in the US. US facing steep decline.
BRS Medias Web-Radio, the leading portal for "Tuning In" Radio on the Internet, released their latest statistics today at The NAB Radio Show. As predicted, the numbers indicate that the current copyright crisis is having a direct impact on the number of stations broadcasting online. And, for the first time since BRS Media began tracking Internet Radio back in 1995, US based stations now represent less then fifty percent of the stations webcasting online.
In the last year alone the number of radio webcasters has declined by thirty one percent (31%), with US stations accounting for the majority of this steep decline. Prompted by the current copyright issue, well over one thousand US stations quit broadcasting online. And while the current number of radio stations broadcasting their signal on the Net sits at 3940, that number is significantly lower than the all time high of 5710 stations from last year. Prior to this year US based stations represented nearly 60% of all stations webcasting. Whereas now International stations account for well over 50% of all stations webcasting online.
It has become apparent that the current copyright problem has had a direct impact on the US market." remarked George T. Bundy, Chairman & CEO of BRS Media Inc., For the first time in history International stations now account for the majority of stations online. While the total number of stations online has dropped to levels not seen in over 2 years." Bundy added, As long as this copyright issue continues to hang over the heads of US based webcasters we foresee the current decline continuing. However, on the International side steady growth continues, as many of these markets will likely benefit from the current turmoil plaguing the US market."
BRS Medias Web-Radio (www.web-radio.fm) is currently celebrating its 7th year online. From a small list of 56 stations back in 1995, to a searchable database of over 10,000 station links, Web-Radio features nearly 4000 stations web surfers can listen to online.
BRS Media, a member of the International Webcasting Association (www.iwa.fm) and the National Association of Broadcasters, is a full service Internet e-commerce firm that helps radio and multimedia web sites build and brand on the power of the Web. The Companys online divisions include dotFMâ, dotAM & dotzCD (www.dot.fm) (www.dot.am) (www.dotz.cd), domain registrar of premium .FM, .AM, & .CD (TLD) domains. HostRock.Net (www.hostrock.net) a full-featured discount web-site hosting service, and the ever-popular Web-Radio (www.web-radio.fm) the leading portal for Tuning In" radio on the Internet. BRS Media Inc. can be found on the World Wide Web at www.brsmedia.fm. dotFM is a registered trademark of BRS Media, Inc.
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