Launched in July 1999, Live365 is a two-time winner of the Best Radio Website Award from the Web Marketing Association, a two-time winner of the People's Voice award for Best Music Site at the Webby Awards (2001, 2002), a winner of the Webby's People's Voice Award for Best Radio Site (2004), and has received Best-of-Web designations from Forbes.com and the San Francisco Chronicle.

With thousands of stations and more than 2.6 million listeners a month, Live365 is the world's largest Internet radio network. The Company gives individuals and organizations a "voice" to be able to reach a global audience, while offering radio listeners an unparalleled choice in music and other audio content. Through easy-to-use tools and services, anyone with a computer and an Internet connection can create his or her own Internet radio station. As a result, Live365 offers the most diverse array of high-quality radio available today, with thousands of stations spanning myriad genres and representing over 150 countries.

It is completely legal to create, broadcast and listen to Live365 stations. All broadcasting stations adhere to rules set forth in the Digital Millennium Copyright Act (the "DMCA"). Live365 broadcasters are required to agree to and abide by these rules upon starting a station. Live365 also has licenses with the American Society of Composers, Authors and Publishers ("ASCAP"), Broadcast Music, Inc. ("BMI") and The Society of European Stage Authors and Composers ("SESAC"). These licenses allow broadcasters to stream licensed music on their stations.

Live365 is a member of the Digital Media Association (DiMA), the National Association of Broadcasters (NAB), the Association for Independent Music (AFIM), the Intercollegiate Broadcasting System (IBS), and Collegiate Broadcasters, Inc. (CBI). Based in Foster City, California, Live365 pays royalties to labels, artists, songwriters and publishers.