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The company had inauspicious beginnings, as a desire by co-founder Mark Cuban to hear the basketball games of his alma mater, the Indiana University. The initial setup involved picking up signals from Dallas radio station, KLIF in Cuban's bedroom and broadcasting them to home computers via the Internet.

As the company grew, AudioNet expanded from mainly broadcasting sporting events to broadcasting presidential conventions and many other events.

In May of 1998, AudioNet renamed itself Broadcast.com and on July 17, 1998, Broadcast.com had their initial public offering, setting (at the time) a one-day record for IPOs by rising 250% percent from its opening price. The stock closed up at $62.75 per share from their initial trading at $18 per share.

The record IPO made instant financial successes out of the company's employees through stock options, making 300 employees millionaires and founders Cuban and Wagner billionaires.

In April 1999, Broadcast.com was acquired by Yahoo! for $5.7 billion and became Yahoo! Broadcast Solutions. Over the next few years Yahoo! split the services previously offered by Broadcast.com into separate services, Yahoo! Launchcast for music and Yahoo! Platinum for video entertainment. Yahoo! Platinum has since been discontinued, its functionality being offered as part of two pay services, SBC Yahoo! DSLDSL is a TLA that can stand for # Digital Subscriber Line # Damn Small Linux TLAs. and Yahoo! Plus.

See also: List of websitesThis is a list of websites that are famous, notable, or extremely popular and for which Wikipedia articles exist. A B C D E F G H I J K L M N O P Q R S T U V W X Y Z See also A A9. com http://a9. com/ Amazon. com's search engine Adequacy. org http://adequ, tech bubble, dot-comDot-com (also dotcom or redundantly dot. com companies were the collection of start-up companies selling products or services using or somehow related to the Internet. They proliferated in the late 1990s dot-com boom a speculative frenzy of investment in

External link

• http://broadcast.yahoo.com/

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Topics: Broadcast.com Yahoo Cuban Broadcasting Audionet Services...

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