For Christmas I got an xm2go player, a handheld device that
can play XM radio. While I appreciate the generosity behind the gift, I don’t
like the xm2go player. In fact, I’m down on the whole XM radio concept.
Why is that, given that XM has millions of subscribers and
lots of favorable press?
XM is indeed better than FM, the current radio incumbent. XM
has about 130 music stations, ad-free, while FM has maybe a dozen or so clear
channels (pun intended) interrupted continually by ads. In other words, XM
captures more of the long tail than FM does. The long tail is described here
and here.
But for someone who’s hooked on an iPod and Internet radio, XM
is frustratingly constrained. 130 channels are pretty generic stuff – basically
what you would find on FM, without ads. Another 100 or so are local news and
weather. For any given place, you will only care about 1 or 2 of these
stations. There only one reggae channel, nothing in terms of world beat,
electronica, drums & base, and other music genres I listen to.
This pales to what I have on my iPod: one month of total listening
hours, of my favorite bands, organized into my own custom playlists, playable
anywhere, no antennae required. If I want to discover new music, I can visit the
literally thousands of Internet radio stations available in iTunes, Live 365, and other places.
These options capture much, much more of the long tail than XM does. Here’s someone else who agrees with me.
But, Internet radio yet cannot be played on the go, say, in a
car or on a plane. Whoever marries the vast selection of Internet radio with the
portability of an iPod will do very well. How is this likely to happen?
It’s possible that an MP3 manufacturer – Apple, Creative, or
someone else – will realize that to achieve the next level of differentiation,
they need to create the ability to record and playback Internet radio
broadcasts. Essentially, Tivo to Go for music.
Differentiation is critical – it won’t be that long before competitors are able to make something almost as good as an iPod, at a lower cost. Apple cannot afford this kind of cost-based competition — just look what happened to it in the PC business. It needs to figure out the next point of differentiation.
How would iPod radio work from a user perspective? Imagine a future version of iTunes that
lets you specify which Internet radio stations to include on your iPod, and an
iPod with built-in WiFi. This next-gen iPod would, when a WiFi connection was
available, continually record each of your favorite Internet radio stations,
keeping a cache of the past several hours broadcast. You could play these radio
stations when your iPod was docked, or when you were carrying it with you.
If Apple can partner with, and/or replicate, the vast amount of Internet radio stations on Live365 and establish a workable subscription-based, ad-free business model, it can have an offering much more difficult to replicate than its current crop of iPods. Just as no one — not Yahoo, not Amazon — can replicate Ebay’s scope of online auctions, a network of thousands of Internet radio stations created by music enthusiasts would give Apple an asset that no one else — perhaps not even Microsoft — could replicate. If Apple can do this, it can deliver on the promise of becoming entrenched as "The Microsoft of Music".
There’s lots of discussions about iPods and radio… the creative juices are flowing in this area… it’s
only a matter of time before Apple — or someone else — seizes the next level in the portable music player business.
I do not like PDF because
1) It takes long time to open up from web sites and usually freezes up the internet explorer
2)Hard to read. Unable to copy text.
3) Lot of forms are in PDF and it doesnt support editing. Have ended up filling too many forms by hand just because it is PDF!