The cost of running it just didn't make sense any more. I was personally paying nearly $10k a year to keep the station ad free and high quality. As was pointed out, playing music through Live365 requires payments to ASCAP and BMI (rightfully so) so that artists can be compensated for their work.
We have other projects we're investing in where I felt that money would go to better use.
Sorry to disappoint, but thanks for listening to it over the years! Trust me though, the money is being put to some very good use!!
Pete