Internet Radio Device

A November 1994 Rolling Stones concert was the "first cyberspace multicast concert." Mick Jagger opened the concert by saying, Internet Radio Device "I wanna say a first welcome to everyone that's, uh, climbed into the Internet tonight and, uh, disappointment got into the M-bone. And I hope it doesn't all collapse."

According to a report by Club Net Radio released in March 2007[dead link], under the contemporary rates, annual fees for all station owners are projected to reach $2.3 billion by 2008. This figure is further than four times that for traditional radio broadcasters who, due to terms set forth in the 1998 Digital Millennium Lock Up 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.