One of the oldest streaming radio service providers has informed its current broadcasters that it is shutting down at the end of the month. Whether it was for hobby or for business, Live365 was home to just about anyone who wanted to start their own internet radio station. Changing royalty rules, especially the expiration of the Webcaster Settlement Act of 2009, and the loss of long-time investors were the reasons for the shutdown.
A quote currently circulating from the email reads: “We are sad that we are closing our doors at the end of this month. There are always possibilities that we can come back in one form or another, but at this point in time, January 31, 2016 is the last day that Live365’s streaming servers and website will be maintained and supported.”
With the shutdown of Live365 comes the realization for a wide range of online programming, which Live365 supported, that they will have to find a new place to call home or be dealt the same fate as Live365. The new royalty rates seem so out of reach that many of these small broadcasters may have to call it quits altogether. However, there is light at the end of the tunnel.
jācapps is working with StreamGuys, to help former Live365 clients reach their audience. StreamGuys has the experience, tools, and resources to successfully deliver streaming media for large and small businesses and jācapps can provide the mobile app crucial for reaching the audience where they live — on their smartphones.
To learn more about our mobile solutions, make sure to visit our Products page.