A webcast is a media presentation distributed over the Internet using streaming media technology to distribute a single content source to many simultaneous listeners/viewers. A webcast may either be distributed live or on demand. Essentially, webcasting is "broadcasting" over the Internet. The largest "webcasters" include existing radio and TV stations, who "simulcast" their output through online TV or online radio streaming, as well as a multitude of Internet-only "stations". Webcasting usually consists of providing non-interactive linear streams or events. Rights and licensing bodies offer specific "webcasting licenses" to those wishing to carry out Internet broadcasting using copyrighted material. Webcasting is used extensively in the commercial sector for investor relations presentations (such as annual general meetings), in e-learning (to transmit seminars), and for related communications activities. However, webcasting does not bear much, if any, relationship to web conferencing, which is designed for many-to-many interaction. The ability to webcast using cheap/accessible technology has allowed independent media to flourish. There are many notable independent shows that broadcast regularly online. Often produced by average citizens in their homes they cover many interests and topics. Webcasts relating to computers, technology, and news are particularly popular and many new shows are added regularly. Webcasting differs from podcasting in that webcasting refers to live streaming while podcasting simply refers to media files placed on the Internet. The term "webcast" had previously been used to describe the distribution of Web or Internet content using conventional broadcast technologies such as those intended for digital video (Digital Video Broadcasting) and audio (Digital Audio Broadcasting), and in some cases even leveraging analogue broadcasting techniques traditionally used by Teletext services to deliver a limited "Best of the Web" selection of content to audiences.

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