Andy Volk, an employee at Nanocosm Inc., developed a hosted community radio project and shared the idea with the company’s chief technology officer Peter Rothman in the late 1990s. Rothman made no mistake to recognize the market potential of the idea, and decided to elaborate the idea for a new wide-reaching hosted community radio service called Live365. With support from fellow workers at Nanocosm, Rothman and Volk could finally bring the idea to life in July 1999. The first release of Live365 received positive response from the community almost immediately. Live365 quickly became so popular that the company (Nanocosm) decided to work full time on developing Live365, while de-prioritizing its existing product NanoHome. Listening and broadcasting on Live365 was free till September 2001. Later, they started offering commercial-free membership, so as to provide a better listening experience to millions of listeners around the globe. Within the next few years, the company went on to become the world's largest Internet radio network.
Live365 has retained its position as a leading Internet radio network since it was founded in 1999. Over the years, the company experienced huge growth, launched mobile apps, re-designed its website, released new websites targeting a specific audience group, and upgraded its technical features several times. But the company still upholds its original mission, vision, and values. It is still committed to help broadcasters, whether professionals or hobbyists, to reach their audience by creating and distributing their own radio channel via the internet. The company encourages songwriters, artists, and publishers to create unique, engaging, and diverse audio content, and pays royalties to them through acclaimed royalty collection centers, such as, SoundExchange, BMI, ASCAP, SESAC, and SOCAN. At the same time, Live365 continues to work towards providing an enhanced listening experience to millions of dedicated listeners around the globe. The company allows its users to listen to a wide variety of audio content, including Classical, Gospel, Jazz, Oldies, Hip-Hop, Rock, Meditation, and Talk.
What makes Live365 unique?
Live365 changed the way people used to broadcast and listen to music. The company pioneered and also popularized the concept of user generated audio content, allowing anyone with a computer and steady Internet connection to create his own radio station and reach millions of dedicated listeners around the world. Live365 also allowed listeners to choose from a wide assortment of music and audio content from over 150 countries including Roy Orbison, Johnny Cash, Pat Metheny, and Santana. Its programming is created by users, such as, music aficionados, hobbyists, and professional broadcasters. Even acclaimed radio stations utilize its broadcasting platform to reach a wider audience.