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This site puts My___ to SHAME. Not only does it have the live streaming music options, it's WAY easier to ind local bands (or bands from anywhere, or everywhere) in whatever genre you wish. It has every band management feature you could possibly imagine, and some I never would have thought of. It gives you complete freedom to embed and/or link show dates and songs via widgets. It allows you to sign up for digital distribution, similar to CDBaby or others. You can set up a merch shop and sell apparel, CDs or ringtones, very similar to CafePress. It's so great to see someone finally stepping up to support independent music in such an amazing way.
ReverbNation is the SHIT. Check it out!