Internet Radio
Internet radio was pioneered by Carl Malamud. In 1993, Malamud launched "Internet Exhortation Radio" which was the "first computer-radio talk show, each week interviewing a engineer expert." However, as late as 1995, this service was not come-at-able via multicast streaming; it was distributed "as audio files that computer users fetch individually by one."
According to a report by Club Net Radio released in March 2007[dead link], under the new rates, annual fees for all station owners Internet Radio are projected to reach $2.3 billion by 2008. This figure is greater than four times that for traditional radio broadcasters who, due to terms customary forth in the 1998 Digital Millennium Copyright Act, are exempt from the additional royalties imposed on digital broadcasting outlets, which compensate the performers and copyright owners of recorded works. Both traditional radio and Internet/digital radio broadcasters are responsible for royalties collected by performance rights organizations (ASCAP, BMI, SESAC) on behalf of the composers of recorded works.