Internet Radio is a fantastic thing. It is more popular than ever with the tremendous increase in Web Active cell phones, and other small mobile devices like the newest tablet computers and highly portable WiFI machines.
The Internet Radio stations are customizable, and the users can shape what they are hearing to their own taste, while being exposed to new artists as well. Most of this is supported by advertising, which is minimal. The ads can be turned off by paying a monthly user fee, and as a bonus the fee paying user gets better sound quality.
Should you consider buying stock in one of these online companies?
The largest Internet Radio Station recently had their IPO and the stock went up 45 quickly, then faded to a more realistic level, actually settling in right around the offering price. Analysts feel that the future growth is there with more and more people buying mobile devices and enjoying their music on them. The days of carrying MP3 players and cell phones and laptops are going away as more users carry one mobile device for all these functions.
New Internet Radio stations are entering the market, and the future is bright. But as with any stock investment, you should carefully analyze the financial picture, and then make an educated decision on whether or not this investment is right for your portfolio.You thought this was good? Brace yourself: Live365 Releases Android Application with Access to Thousands of Free Internet Radio Stations