Surely the answer to that would be to set a time limit of say 40 seconds on retry attempts, once every 10 seconds within that period. After which the stream stops attempting to reconnect and needs manually restarting as it does currently.
I don’t think anyone, including the OP, is asking for streams to suddenly resume hours later. This is about immediately attempting to reconnect the stream after a short, momentary drop-out due to bandwidth or network glitches. Rather than dealing with the radio station itself being offline for an extended period of time.