Broadcast.com was an Internet radio company founded as AudioNet in September 1995 by Cameron Christopher Jaeb. Todd Wagner and Mark Cuban later led the company's daily operations which was eventually sold to Yahoo! on April 1, 1999, for $5.7 billion, making it the most expensive acquisition Yahoo! has made. [ 1 ]

Jan 15, 2023 · Take Broadcast.com, the pioneering audiov streaming company that made Mark Cuban a billionaire. When Cuban and his friend Todd Wagner took over the company in 1995, it was one of the first...

Cuban wanted to listen to the basketball games of his alma mater, Indiana University. Learfield owned the media rights to IU (and eight other universities and colleges). Cuban renamed his company AudioNet. From the AudioNet media kit, October 1995: “AudioNet is one of the most popular destinations on the Internet.

Jan 5, 2025 · When Mark Cuban sold Broadcast.com for $5.7 billion, he made one of the most astonishing deals in the history of the internet. Put simply, Cuban found a fortune in online broadcasting, built an extremely successful platform, and cashed in at the right time during the boom of the dot-com era.

Apr 4, 2021 · As a fellow sports fan, his friend, Todd Wagner, pitched Cuban that it would be lucrative to start an internet audio company where users could listen to sports games online. Sold on the...

Jul 6, 2011 · This real life fairy tale began with the formation of Audionet.com in 1995 (the predecessor of Broadcast.com); it continued with the record-setting IPO of Broadcast.com in 1998 and culminated in 1999 when Yahoo assimilated Broadcast.com in …

Apr 1, 2022 · Cuban Cashes Out: Broadcast.com was founded under the name AudioNet in September 1995 by Christopher Jaeb. Later that year, entrepreneur Mark Cuban took a sizable stake in the company....

Oct 8, 2024 · This experience laid the foundation for his next big leap: the creation of AudioNet, later known as Broadcast.com. In 1994, a conversation with an old friend sparked a game-changing idea.

Oct 8, 2024 · It was called AudioNet.com, went to local radio stations, literally connected an eight-hour VCR," he shares. Cuban recalled streaming Indiana University basketball games and later posting on message boards asking if others were interested in any other streams they could offer.

In 1995, Cuban and fellow Indiana University alumnus Todd Wagner joined Audionet (founded in 1989 by Chris Jaeb, who retained 10% of the company), combining their mutual interest in Indiana Hoosier college basketball and webcasting. [35]