[vohk]

What's really unfortunate is how archaic licensing models makes this nearly impossible to even attempt to address.

Historically radio worked because their was actually money in the advertising, but also because radio was inherently regional. You could license content at a rate that made sense for your station's reach.

Now it's trivial to broadcast over the web to a huge audience but the floor has fallen out on monetization. Podcasts and streaming both work because they don't rely on licensed content, but music can't make the jump.