ReadWriteWeb

A report on Reuters claims that 2008 was a breakthrough year for radio on the Web, with a proliferation of new web and mobile apps for radio. The report states that Clear Channel has "long led the way" with innovative Web programing such as its "Stripped" concert series and "New" artist spotlight program, but also big companies such as CBS and AOL have contributed to the growth in online radio.

We think it's CBS Radio and not Clear Channel which has made the biggest strides. CBS' partnerships with AOL and Yahoo!, along with its ownership of trendy online radio app last.fm, have effectively made CBS Radio the most powerful force in Internet radio in 2008.