Is There a Turf War for Internet Radio?

Yes, according to Grant Goddard in his London-based radio blog. Goddard says:

"Today [12/3/08], CBS Radio announced that it will effectively take over Yahoo!'s Launchcast internet radio services from early 2009, much like its deal announced earlier this year to run AOL's internet radio. For us in the UK, it might be easy to ignore the fact that a 'turf war' is taking place in the US between CBS Radio and Clear Channel to own the internet streaming space."

Other points Grant emphasizes:

• Foreign companies (like CBS) are going to continue to penetrate the world market, including the UK, with Internet streams.
  
• Music programming requires less overhead than talk programming and the UK's move from less talk to more music makes its homegrown radio stations vulnerable.
  
• The UK's largest commercial radio concern, Global Radio, must rise to meet this challenge

Read Grant's post, "CBS Radio takes Yahoo! Launchcast - be afraid, be very afraid!"

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