I know that the web streaming royalties are pretty onerous and that's if they don't charge you extra to stream to a cell phone. How profitable is it to sell internet radio for $2.99 a month? I think it would be hard to charge more than $2.99 for a great mobile net radio service -- that's what Pandora charges.
Of course, you can try it under the Make Something People Want banner but this is something that is ultimately unsustainable without ads or a freemium model.
Sounds interesting, but how would YC facilitate that - or better - why can't you do it on your own? Presumably you'd need to pay for it, but the cash they give you is not a lot, so you'd need other sources in any case.
Well Im web/graphic designer with a bunch of ideas, who would love to get to experience the Menlo Park of today!
With the experience comes great networking opportunities that would facilitate creating the first XM and Siruis like Internet Radio type company.
Hopefully, I will be apart of such, as there is so much cool stuff to be done with it. Right now though I'm focused on my startup, which this hack prompted me to start.