Royalties are far less expensive for terrestrially-licensed non-commercial stations, but as those are being sold off left and right -- especially at colleges. EVR illustrates a huge problem with the perception they can simply move online. So many stations looked to them as a shining example of how to move online. Big loss.
Don't count your chickens Brooklyn. Manhattan will prolly find a way to bus all of it's new un-subterranean rats over there.