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What is the difference between a webcast and the “webinar” services I hear advertised all the time?

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What is the difference between a webcast and the “webinar” services I hear advertised all the time?

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Unlike services such as WebEx™ or Go-To-Meeting™, webcast viewers see and hear the actual speaker, event, PowerPoint presentation and videos, without having to use a telephone. This simple but critical difference can be essential in helping viewers to “connect” with presenters, enabling a much higher degree of identity, understanding and feeling a part of the presentation. Viewers can ask questions, make comments or request additional information with a simple click of their mouse. No downloads or special software are required to participate in a webcast.

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