Radio Paradise
      by
      Ross M. Miller
      Miller Risk Advisors
      www.millerrisk.com
      May 12, 2008
      When I was growing up in suburban New Jersey, I had a
      handful of "cool" friends. In retrospect, they weren't really
      cool (which is why cool is in quote marks), but they were what passed for
      cool in a place separated from the Big Apple (or "Fun City" as
      it called itself back then) by bridges and tunnels. The main thing that
      distinguished my cool friends from my other friends was the music they
      played.
      My cool friends would place a stack of records on the
      record changer to serve as background for the evening's proceedings. Cool
      friends with wealthy parents would play reel-to-reel tapes instead of
      records. (Ironically, while in the current age of CDs and MP3s, vinyl is
      considered the high-quality alternative; when vinyl ruled the earth,
      quarter-inch tape was the medium of choice among the discerning.)
      Only rarely do I talk to my cool friends anymore;
      instead, I have Bill Goldsmith, who doesn't even know me. Bill and his
      wife Rebecca run Radio
      Paradise (RP), the giant of Internet radio. I discovered RP because it
      was difficult not to discover it. My twin Rokus
      automatically provide a menu of the most popular Internet radio stations,
      and RP is always at the top of their list. After watching Garden
      State and purchasing all three Shins CDs, I developed a taste for
      the softer side of new alternative music. None of the XM stations appeared
      to play that kind of music on a regular basis, but RP did.
      What really got me hooked on RP was its audio quality.
      RP has several streaming feeds that employ various encoding schemes at
      various bitrates. Two of them, however, are higher quality than the usual
      Internet radio fare: a
      128 kbps AAC+ feed and a 192
      kbps MP3 feed. While a standard 128 kbps feed is roughly on a par with
      an FM radio station under good conditions, RP's high-end feeds are far
      better than any FM radio that I have ever heard and comparable to many
      mass-market CD players. To frustrate those who would create those own
      music libraries using Streamripper
      and such, the metadata for each song (while enable the typical media
      player to display a song's title and artist) is offset several seconds
      from when it begins. I have the impression that if metadata were
      completely in synch with the music that the RIAA would have Bill's head.
      What I like most about RP is that it is more like a cool
      friend than present-day terrestrial radio stations are. While Bill
      Goldsmith is open to feedback through his web site, he ultimately plays
      what he likes. The playlist is vast and eclectic and has a core that might
      be described as the softer aide of alternative rock. Probably because
      Paradise Radio is located in Paradise, California there is a definite
      mellow tilt to the music and British "shoegazing" music suffuses
      the playlist. When I tried to describe the station to a friend, he
      interrupted me after two sentences and said, "Wilco." Yes, there
      is Wilco galore on RP as well as anything remotely related to Wilco.
      Despite the strong California influence, RP does make an
      effort to play the "best" music from a broad range of genres
      dating well into the past. Classic rock (Beatles, Stones, Zep, Floyd,
      etc.) is well-represented; hoever, the coverage of classical music and
      jazz leaves much to be desired and the C&W and R&B offerings are
      pitiful. The plentiful world music has a Latin bias, but some more exotic
      stuff sneaks in from time to time, like the spooky Icelandic group Sigur
      Rós. While Bill is cool, he lacks East Coast sophistication, so do
      not expect to hear Edith
      Piaf on Radio Paradise.
      It is a good thing, however, that RP does not try to be
      everything to everyone. The Clear Channel and Viacom FM radio stations
      have homogenized themselves to death by having a computers along with a
      presumably legal form of payola determine their playlists. And the last
      thing that any of the media giants would want is for a DJ to spin music of
      his or her own liking. Radio Paradise very effectively breaks the Clear
      Channel mold, and Bill Goldsmith gets massive grief whenever he plays
      groups like Coldplay that are hot on the terrestrial giants. Bill also has
      a penchant for Tom Petty that most listeners (including me) find hard to
      fathom. (Of course, I am listening to RP as I write this and "Saving
      Grace" by Tom Petty is playing right now.)
      Bill Goldsmith is himself a crossover from terrestrial
      radio and applies some of its tricks to Radio Paradise. While I doubt that
      Bill ever plays the same song twice in one day, there are several songs
      that are "heavy rotation" on the station and appear to get
      played a few times a week. Between those songs and the rock classics, it
      is easy for the station to grow on one. Much like visiting a cool friend,
      there is weird stuff that Bill plays that over time one can begin to
      understand why Bill likes it and begin to like it oneself.
      The economics of Radio Paradise are simple: It is a
      for-profit enterprise that gathers revenue from donations and
      click-through sales of music. The RP web site is set up to make it easy to
      purchase RP music from Amazon and the iTunes Store. My music purchases
      have soared since I got the RP habit at the beginning of the year and I
      always make the effort to connect to Amazon through RP. Radio Paradise has
      no commercials and Bill and Rebecca interrupt the music infrequent to
      recap the last few songs or plug the station. RP pays royalties on the
      music it plays and the station leads a precarious existence under the
      constant threat that a change in the way royalties are assessed would put
      it out of business.
      There are thousands of Internet radio stations, but RP
      provides a unique combination of intelligent music selection and great
      sound quality. As a result of prolonged listening to Radio Paradise, I
      find XM radio (especially in my car) to be a painful experience. Indeed,
      XM's closest thing to Radio Paradise, Fine
      Tuning Channel 76, is soulless and not even in purgatory. It would be
      wonderful to have dozens of Internet stations like Radio Paradise that
      provide great sound and distinctive playlists, each with a different
      focus. I am not holding my breath.
      Next month's commentary begins another summer threesome.
      This year's focus is on directors of teen movies. (I'll explain why in the
      initial installment.) My first subject is Hal Ashby and his teen movie of
      note is the cult classic Harold and Maude. Of course, music is a
      must for a teen movie (Harold and Maude showcased the music of Cat
      Stevens), and so I will not be abandoning music entirely. John Hughes, the
      acknowledged master of teen movies, is coming in July and then Cameron
      Crowe in August. Come fall, I will turn to more serious topics.
      
      Copyright 2008 by Miller Risk Advisors. Permission granted to
forward by electronic means and to excerpt or broadcast 250 words or less
provided a citation is made to www.millerrisk.com.