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Internet radio was pioneered by Carl Malamud.
In 1993, Malamud launched "Internet Talk Radio" which was the "first computer-radio talk show, each week interviewing a computer expert." -
Progressive Networks released RealAudio as a free download.
Time magazine said that RealAudio took "advantage of the latest advances in digital compression" and delivered "AM radio-quality sound in so-called real time." -
Virgin Radio - London, became the first European radio station to broadcast its full program live on the internet.
It broadcast its FM signal, live from the source, simultaneously on the Internet 24 hours a day. -
Founded
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Suffered a lawsuit
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Passed 200 million users
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250 million users
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Preparing for another royalty battle
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Broadcast.com set a record
In 1998, the initial public stock offering for Broadcast.com set a record at the time for the largest jump in price in stock offerings in the United States. The offering price was US$18 and the company's shares opened at US$68 on the first day of trading. -
Yahoo! purchased Broadcast.com
Yahoo! purchased Broadcast.com on July 20, 1999 for $5.7 billion.