How would I go about opening up a radio site?

[ReMiXeDg]

I know its software such as shout-cast but how could I go about doing it all?

Could I purchase a small VPS and then install the software that is needed? Is the software free or do I need to purchase license software too?

Any suggestions for a shout-cast provider that is affordable and reliable?

Thanks a lot in advance.

 

[DJboutit]

Best Shoutcast hosting & great prices http://www.shouthostdirect.com/ I have used them for 4 months they are good