Besides, most US carriers blocked the radio API in their phones, so many in the US did not even know it existed. From what I understand, FM radios are still prevalent in phones sold elsewhere in the world, like South America and Asia, where FM is still the dominant radio signal.
I can imagine useful public-safety capabilities that could be enabled via data over FM radio.
FM radio is an insanely low-power, low-tech way to do medium-range one-to-many wireless communications.
In my experience the world is still less than ideal.
Although I have a Sony Xperia Z3 and Z3 Compact, neither was bought through my carrier. While the Z3 does require headphones for the radio's antenna, you can play the radio through the speaker.
... but don't stock, share, publish, modify or really speak freely? (ok I'll go get my coffee ;-)