iHeartRadio (formerly known as ClearChannel) already bought up a ton of radio stations. On the other hand, they also have a popular music streaming app, so they might survive the transition away from actual FM signals.
I never got what drew people to the I heart radio app. Once im no longer listening to radio, and am using my phone's mobile data, it feels like either spotify or pandora would be much more preferable.
Do people actually listen to the Scooter crew morning zoo or w/e the local station's morning show is on their app?
That would make sense as they would not only have a bidirectional pipe to end users, they own the data. I can only imagine that cable TV providers are more than willing to sell viewership data (likely because many are also ISPs) and are likely using it for their own benefit as they get into content creation themselves.
iHeartRadio did file for bankruptcy, but I believe that was due to debt.
The radio is impossible to listen to now unless it's a specific live talk show I'm interested in. Otherwise there are better radio stations online to listen to better playlists of music than Top 40 on repeat.
