Inside Turntablefm saving music radio from itself

For two decades traditional and Internet radio have faced an uncertain economic future.

Now comes a new social network called Turntable.fm, which lets clusters of users pick songs and chat about them in real time. Will TT.fm revive the golden age of free form radio?

Source:
http://arstechnica.com/media/news/2011/08/inside-turntablefm-saving-music-radio-from-itself.ars