NetFM is a privately owned Internet Radio Station broadcasting to the world from a modern studio located in the centre of Sydney's business district. NetFM M operates 24/7 playing popular music as well as some of the classics. NetFM commenced full commercial broadcasting from a tiny studio in the centre of Sydney on 13 November, 1998. Responsible for the first commercial internet broadcast in Australia, NetFM was inducted into the Australian Film and Sound Archive.