Distributed Interactive Applications (DIAs) is different with other network-based applications, since the data should be delivered to the receiver node according to its priority. Among the existing overlay multicast protocols the "priority-based directed minimum spanning tree" (PST) is designed for DIAs. But in PST the available bandwidth (avail-bw) is used inefficiently and the system becomes unstable when its scale increases. This paper proposed a novel overlay multicast protocol named Priority Based Overlay Multicast (POM), which uses the entities? priority, links? delay and node?s avail-bw to build multicast tree. By using POM the nodes with high priority receive the data in short delay, while the nodes with low priority tolerate a long delay in order to balance the available bandwidth usage among the nodes. The simulation results show that POM uses the avail-bw efficiently and keeps the system stable when its scale increases. Keywords: DIAs; Priority; Available bandwidth.