Radio broadcasters are considering technology and business models that may soon allow listeners to click, listen and buy the tunes they hear on their favorite radio stations.
Top radio conglomerate Clear Channel Communications, technology companies and burgeoning satellite radio companies are aiming to launch such services within 18 to 24 months, executives and analysts say.
“We’re looking at a lot of different things. Downloads are definitely on the list,” Jeff Littlejohn, executive vice president of distribution development at Clear Channel told Reuters.
XM Satellite Radio filed several patents made publicly available at the end of December, which outlined early plans to develop music downloading services and devices, providing a window into how the radio industry plans to capture a larger piece of the $32 billion music business.
A company spokesman declined to comment on product plans.
Read the Complete Story @ Yahoo News
Related Stories
- If Terrestrial Radio Broadcasters Don’t Compete With Satellite Radio… Why Are They So Concerned?
- Clear Channel Radio joins fight against internet music piracy
- Everyone’s Aiming at Satellite Radio
- Music biz launches offensive against digital radio
- Surprise: Radio-funded report says satellite broadcasters should not merge
