Advertisement
YOU ARE HERE: LAT HomeCollectionsRealnetworks Inc
IN THE NEWS

Realnetworks Inc

FEATURED ARTICLES
BUSINESS
May 17, 1999 | JONATHAN GAW
RealNetworks Inc. and Snap.com today will announce a distribution and content partnership that will pair the Internet's largest streaming audio and video company with the first Web portal focusing on people with high-speed Internet connections. RealNetworks' users searching for streaming media will be sent to a co-branded site on Snap.com, a venture between NBC and CNet Inc. Also, RealNetworks' directory listings and other content will be integrated into Snap.com's site.
ARTICLES BY DATE
BUSINESS
May 9, 2008 | From Times Wire Services
RealNetworks Inc., owner of the Rhapsody online music service, plans to spin off its game unit and said it might hold an initial public offering for part of the business. The company may offer as much as 20% of the shares of the new game company before spinning off the rest, Seattle-based RealNetworks said. Revenue from games rose 26% to $108.5 million last year. RealNetworks said first-quarter profit dropped 94% from a year earlier, when it received payments from an antitrust settlement with Microsoft Corp.
Advertisement
BUSINESS
August 1, 2007 | From Times Wire Services
RealNetworks Inc., owner of the Rhapsody online music service, said second-quarter profit declined 97% from last year, when an antitrust settlement with Microsoft Corp. boosted results. Its third-quarter profit forecast missed estimates. Net income fell to $1.33 million, or 1 cent a share, from $38.9 million, or 22 cents, a year earlier, the Seattle-based company said. Analysts anticipated that RealNetworks would break even, according to estimates compiled by Bloomberg.
BUSINESS
August 22, 2007 | Joseph Menn and Michelle Quinn, Times Staff Writers
As competitors challenge Apple Inc. in digital music, the biggest beneficiary may be Apple. Wal-Mart Stores Inc. and RealNetworks Inc. on Tuesday strengthened their digital music offerings to better compete with Apple's iTunes store. Wal-Mart began selling songs without anti-piracy locks for 94 cents apiece, and RealNetworks' Rhapsody subscription service announced new partners that would promote it on MTV and distribute it on Verizon cellular phones.
BUSINESS
January 19, 2007 | From Bloomberg News
RealNetworks Inc., a Seattle-based maker of Internet-based media-playing software, introduced a website focused on movies and entertainment that will offer news coverage of the Sundance Film Festival. Film.com's reporters will cover the festival, which started Thursday in Park City, Utah, and will post video and commentary as well as information about the movies and celebrities at the event, RealNetworks said. The website was created in 1994 by Seattle film critic Lucy Mohl.
BUSINESS
June 29, 2000 | From Bloomberg News
RealNetworks Inc., maker of popular software for playing Internet audio and video files, said Wednesday that it will deliver music and other programming directly to users' computers with two new services. One service sends up to eight new songs a week to users of the company's RealJukebox program for playing compact discs and music downloaded from the Web. Users must sign up for the service and can select the genres of music they'd like to receive.
BUSINESS
February 15, 2007 | From Reuters
Digital media company RealNetworks Inc. posted lower quarterly profit Wednesday on sharply reduced proceeds from a legal settlement with Microsoft Corp. and forecast full-year results below expectations. Fourth-quarter net income was $39.3 million, or 22 cents a share, compared with $295.6 million, or $1.61, a year earlier.
BUSINESS
April 2, 2001 | JON HEALEY, TIMES STAFF WRITER
Three major record companies--EMI, BMG and Warner Music Group--are close to a deal with Seattle-based RealNetworks Inc. that would make their music available through the Internet on a subscription basis, sources said Sunday. The deal, if it's struck, would be the first time multiple record labels have granted a third party the rights to their catalogs for on-demand services. To date, only one such deal has been announced, involving EMI and a small online music company in Dallas.
BUSINESS
August 22, 2007 | Joseph Menn and Michelle Quinn, Times Staff Writers
As competitors challenge Apple Inc. in digital music, the biggest beneficiary may be Apple. Wal-Mart Stores Inc. and RealNetworks Inc. on Tuesday strengthened their digital music offerings to better compete with Apple's iTunes store. Wal-Mart began selling songs without anti-piracy locks for 94 cents apiece, and RealNetworks' Rhapsody subscription service announced new partners that would promote it on MTV and distribute it on Verizon cellular phones.
BUSINESS
September 13, 2006
RealNetworks Inc., a maker of software to play music and videos on the Internet, agreed to buy WiderThan Co. of South Korea for $350 million to add software for selling music and ring tones on mobile phones.
BUSINESS
February 15, 2007 | From Reuters
Digital media company RealNetworks Inc. posted lower quarterly profit Wednesday on sharply reduced proceeds from a legal settlement with Microsoft Corp. and forecast full-year results below expectations. Fourth-quarter net income was $39.3 million, or 22 cents a share, compared with $295.6 million, or $1.61, a year earlier.
BUSINESS
January 19, 2007 | From Bloomberg News
RealNetworks Inc., a Seattle-based maker of Internet-based media-playing software, introduced a website focused on movies and entertainment that will offer news coverage of the Sundance Film Festival. Film.com's reporters will cover the festival, which started Thursday in Park City, Utah, and will post video and commentary as well as information about the movies and celebrities at the event, RealNetworks said. The website was created in 1994 by Seattle film critic Lucy Mohl.
BUSINESS
April 2, 2001 | JON HEALEY, TIMES STAFF WRITER
Three major record companies--EMI, BMG and Warner Music Group--are close to a deal with Seattle-based RealNetworks Inc. that would make their music available through the Internet on a subscription basis, sources said Sunday. The deal, if it's struck, would be the first time multiple record labels have granted a third party the rights to their catalogs for on-demand services. To date, only one such deal has been announced, involving EMI and a small online music company in Dallas.
BUSINESS
June 29, 2000 | From Bloomberg News
RealNetworks Inc., maker of popular software for playing Internet audio and video files, said Wednesday that it will deliver music and other programming directly to users' computers with two new services. One service sends up to eight new songs a week to users of the company's RealJukebox program for playing compact discs and music downloaded from the Web. Users must sign up for the service and can select the genres of music they'd like to receive.
BUSINESS
May 17, 1999 | JONATHAN GAW
RealNetworks Inc. and Snap.com today will announce a distribution and content partnership that will pair the Internet's largest streaming audio and video company with the first Web portal focusing on people with high-speed Internet connections. RealNetworks' users searching for streaming media will be sent to a co-branded site on Snap.com, a venture between NBC and CNet Inc. Also, RealNetworks' directory listings and other content will be integrated into Snap.com's site.
BUSINESS
October 22, 2005 | From Bloomberg News
Yahoo Inc. said it would raise the price for its Music Unlimited subscription service by 72% for users who transfer songs to portable music players. The monthly subscription price will rise on Nov. 1 to $11.99 a month from $6.99 a month. The increase brings the cost closer to the $14.99-a-month prices of offerings from RealNetworks Inc. and Napster Inc.
Los Angeles Times Articles
|