I run an online radio station at ThePenguinRocks.com. The station has been around (under a few names) for quite a while. It has evolved into a station that plays DJ run shows throughout the day. Shows are also available on demand. I currently create three radio shows each week. Links to all of the archived shows are found here:

Bring Me The Head Of Max Headroom is my tribute to 1980s rock and roll. I spin the hits, the misses, obscure tracks, and personal favorites from the 80s.
Lighty's Corner is a one hour with a mix of new tracks, classic cuts, obscure tunes, and personal faves. Essentially anything goes...
Classic Jersey is my tribute to rock and roll from New Jersey. The show includes tracks from throughout the decades - hits, misses, and personal faves.

If you are a musician who would like to be considered for airplay, please send mp3s to info@asburymusic.com and I'll check them out. We have a rather eclectic station - sort of like a combination of college radio in the 80s and a Triple A station of today.
The Penguin Rocks

The station also includes radio shows by Lee Mrowicki, John Godfrey, Sean Carolan, Danny Coleman, Deuce Radio, and Mike Marrone