1291 E. Hillsdale Blvd · Suite 225 · Foster City, CA · 94404
contact: Alan Wallace · (650) 345-7400 x1xx · email@example.com
FOR IMMEDIATE RELEASE
NUMBER OF LIVE365 BROADCASTS
SURPASSES TOTAL NUMBER OF TRADITIONAL
U.S. RADIO STATIONS
FOSTER CITY, CA (August 10, 2000) – Live365.com, the world’s largest Internet broadcasting community, today announced that its total number of simultaneous online radio stations has surpassed the number of terrestrial radio broadcasters in the United States.
Amateur radio entrepreneurs from all over the country have launched 17,000 stations on Live365.com, using the company’s proprietary technology to create and broadcast Internet radio stations from any personal computer with no fee.
“We believe that the broadcast tools we provide allow people to challenge and compete with traditional entertainment,” said Alex Sanford, President and CEO of Live365.com. “By significantly lowering the barriers for individuals to create their own content and share it with others, we have now created a community of empowered users that provide listeners with the nation’s widest array of musical and audio streams – on the Web or otherwise.”
“To put some perspective on this exciting development, we must consider that the first commercial radio broadcaster, Pittsburgh’s KDKA, launched in 1920,” added Peter Rothman, Chief Technical Officer of Live365.com. “It has taken the broadcasting industry eighty years to build its current infrastructure, one which we matched in just over a year.”
Live365.com is the leading global broadcasting Internet community for individuals, performers and organizations to create, broadcast and listen to Internet radio stations. Providing free tools and the bandwidth necessary to broadcast, Live365.com allows anyone with a computer to create his or her own “station” with unique content. With 17,000 simultaneous broadcasts, Live365.com currently features more radio stations than the entire United States radio broadcast network. Live365.com was called one of the “Top 6 Killer Apps” of streaming media by Deutsche Banc Alex Brown, one of the world’s leading international investment banks, in its May 2000 report “Internet, Broadband and Enhanced TV.” Founded in July 1999 in Foster City, CA, Live365.com is the single largest broadcaster of streaming MP3 audio content on the Web. For more information, go to http://www.Live365.com.
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