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Internet radio (also web radio, net radio, streaming radio, e-radio, online radio, webcasting) is an audio service transmitted via the Internet. Broadcasting on the Internet is usually referred to as webcasting since it is not transmitted broadly through wireless means.

Internet radio involves streaming media, presenting listeners with a continuous stream of audio that typically cannot be paused or replayed, much like traditional broadcast media; in this respect, it is distinct from on-demand file serving. Internet radio is also distinct from podcasting, which involves downloading rather than streaming.

Internet radio services offer news, sports, talk, and various genres of music—every format that is available on traditional broadcast radio stations. Many Internet radio services are associated with a corresponding traditional radio station or radio network, although low start-up and ongoing costs have allowed a substantial proliferation of independent Internet-only radio stations.

Internet radio is typically listened to on a standard home PC or similar device, through an embedded player program located on the respective station's website. In recent years, dedicated devices that resemble and offer the listener a similar experience to a traditional radio receiver have arrived on the market.

Streaming technology is used to distribute Internet radio, typically using a lossy audio codec. Streaming audio formats include MP3, Ogg Vorbis, Windows Media Audio, RealAudio, and HE-AAC (or aacPlus). Audio data is continuously transmitted serially (streamed) over the local network or internet in TCP or UDP packets, then reassembled at the receiver and played a second or two later. The delay is called lag, and is introduced at several stages of digital audio broadcasting.

With the advent of streaming RealAudio over HTTP, streaming became more accessible to a number of radio shows. live on the radio, live from a RealAudio server and streamed from the web over HTTP.

Most Internet Radio Stations increased their stream quality as bandwidth became more economical. Today, most stations stream between 64 kbit/s and 128 kbit/s providing near CD quality audio.