yahoo broadcast

Did you know that entrepreneur Mark Cuban made his first billion on Yahoo?

Yahoo bought his Internet television and radio company for $5.7 billion in April 1999. Fortunately for Cuban -- but unfortunately for Yahoo -- was purchased around its peak.

The service, which simulcast TV and radio programming on the Internet, was way ahead of its time. Dial-up connections were too slow to play live video, and lacked compelling content.

Yahoo eventually broke up into various streaming media businesses, none of which exist today.

First published July 25, 2016: 9:18 AM ET

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