Internet radio is also called web radio, net radio, streaming radio, e-radio, online radio, webcasting and I consider this an example of convergence between the old media and the new one. This is an audio service transmitted via the Internet. Broadcasting on the Internet is usually referred to as webcasting since it is not transmitted broadly through wireless means.
Internet radio involves streaming media, presenting listeners with a continuous stream of audio that typically cannot be paused or replayed, much like traditional broadcast media. I find this a disadvantage for consumers because they have the same experience as the traditional radio. On the opposing side, it is much easier to listen to radio on a computer than having a separate device for that. I believe that transitioning from regular streaming to an online one is an attempt to save the radio business. Over the last 5 to 7 years people only listen to radio when they are in a car, almost never at home, so internet radio is a more accessible way to listen to radio programmes and music.
Moreover, the biggest advantage of Internet radio is the fact that traditional radio transmitters are limited to around 100 miles or so, but webcasting has no geographic limits. Whereas currently, depending on the location, people may be able to tune in to about 50 stations, by utilising the web, this has effectively increased and it grants access to a vast broadcast spectrum, covering the entire planet. Internet radio is delivering more programming and more choices than ever before in the history of broadcasting! Internet radio is also distinct from podcasting, which involves downloading rather than streaming.