Significance: this format shrunk the size of large audio files while maintaining fidelity, paving the way for easier distribution of audio over the Internet as well as cheap, convenient storage.
Top 10 Significant Milestones in Modern Radio
By Corey Deitz, About.com
MP3 files - The MP3 file format (MPEG-1 Audio Layer 3) was created through a collaboration of European engineers . The first software encoder/player was released to the public in July, 1995.
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- Satellite Radio - 1992
- MP3 Files - 1995
- RealAudio - 1995
- The Telecommunication Act of 1996
- Shoutcast - 1998
- WiFi - 1999
- Broadband - circa 2000
- Cell Phone Radio - 2004
- Podcasting - 2004
- WiMax - 2008
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