So in this respect, a person is broadcasting from a location they own and control alone, but rather than the only people within physical range being able to detect, tune in, and hear it, that signal is available to anyone who has the digital address of that signal.

Each person has a broadcasting tower of their own. Anyone with the digital address of that broadcasting tower can "hear" the content broadcast from it, eliminating physical limitations like mountains or radio wave range.

Person = Person

Broadcasting Tower = npub address

Speakers = relays

Right?

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Not exactly. For the way I was meaning the analogy, its more like this:

Person = npub/keys

Communication tower = relay

Speakers = the app or client

But otherwise yes, you can essentially select any tower from anywhere in the world to connect to with no mountains or reach limitations, and anyone can easily set up their own tower by booting up a web server for either their own private use or to publicly allow others to connect and broadcast with.