Despite some statistics showing trends pointing to an optimistic future for the Internet radio industry, MeasureCast’s August Web Radio Report shows fewer online stations. August MeasureCast data measured 11 fewer stations in August than it measured in July, and 37 fewer than it measured in June. However the stations measured in August streamed nearly 1.3 million hours more than measured stations delivered in July. The August report also shows that 5.1 million people listened to Web radio stations in August, as compared to 4.6 million in July and 4.3 million in June. JazzFM, owned by Clear Channel Worldwide, secured the No. 1 spot in the MeasureCast Top 50 Internet radio stations ranking. The U.K.-based station streamed 1,445,730 hours of programming to 243,687 listeners. Hot AC Virgin Radio was No. 2, contemporary Christian formatted K-Love was No. 3.