Internet Radio involves a streaming medium that presents listeners with a continuous "stream" of audio over which they have no control, much like traditional broadcast media. Internet radio services are usually accessible from anywhere in the world—for example, one could listen to an Australian station from Europe or America.

Here are few Radio Stations, I like most  ----------------------------------------------------->>

The most common way to distribute Internet radio is via streaming technology using a lossy audio codec. Popular streaming audio formats include MP3, Ogg Vorbis, Windows Media Audio, RealAudio and HE-AAC (sometimes called aacPlus). The bits are "streamed" (transported) over the network in TCP or UDP packets, then reassembled and played within seconds.