Today marks a day of Web radio silence for U.S. companies being forced massive price hikes to stream Internet radio. Pandora, an Internet radio station I listen to often, because it’s AWESOME, has chosen to participate. Go to the site today and you’ll see a letter explaining why they’re not streaming today. Pandora is doing so well that it could actually weather the storm of these severe price increases (about 300% over previous prices), but its competitors won’t and they’ll have to go out to business. For Pandora it’s actually good to keep the competition around because it raises the overall awareness of Internet radio as an alternative medium from terrrestrial radio.
The event is being organized by the SaveNetRadio coalition in which RealNetworks, Yahoo!, and Viacom are members. Interestingly, neither RealNetworks nor Yahoo! Music are participating in this day of silence.
