NetRadio was a Minneapolis, Minnesota

Minneapolis, Minnesota

Minneapolis , nicknamed "City of Lakes" and the "Mill City," is the county seat of Hennepin County, the largest city in the U.S. state of Minnesota, and the 48th largest in the United States...

-based company founded by Scott Bourne and radio veteran Scot Combs in 1994. NetRadio helped pioneer online radio

Internet radio

Internet radio is an audio service transmitted via the Internet...

 and was the world's first Internet-only radio network. NetRadio began using RealAudio 1.0 in November of 1995 to stream their music. It started out with four formats and expanded to more than a dozen two years after. The radio network was included as a preset in RealAudio

RealAudio

RealAudio is a proprietary audio format developed by RealNetworks and first released in April 1995. It uses a variety of audio codecs, ranging from low-bitrate formats that can be used over dialup modems, to high-fidelity formats for music. It can also be used as a streaming audio format, that is...

 (aka RealMedia) 2.0 and later players.