MusicNet acquired by New York private investment firm Baker Capital
Digital music backend provider MusicNet has been sold to New York private equity firm Baker Capital, with Alan McGlade staying on as CEO. The price was not disclosed.…
RealNetworks
24 posts
Napster raises revenue estimates on rising subscriptions
Napster now expects first-quarter revenue of $16.5m to $17.5m, up from its earlier $15m estimate, which it attributes to a rise in subscriptions.…
New iPod not Real compliant
The new iPod Photo is not compatible with unofficial AAC tracks from Real Networks' Rhapsody service, which Real says it will work around with its Harmony system.…
US download stats down
NPD Group data shows US legal track downloads fell from 1.3 million in April to about a million a month over May to July, with Apple holding 70% of sales.…
RealNetworks releases security update
Real Networks has released an update for RealOne Player, RealPlayer and Helix Player to fix a flaw that could let attackers corrupt the player or download viruses.…
RealNetworks says half-price download promotion was a success
RealNetworks says its three-week half-price download promotion sold three million tracks, with vice president Dan Sheeran crediting the Harmony software launch.…
Real upbeat after first week of Harmony
Real Networks says its RealPlayer 10.5 with Harmony Technology lets Rhapsody tracks play on iPods, and reports over a million songs sold in its first week in the US.…
Apple not impressed with Real's Harmony
Apple has threatened legal action under the DMCA against Real Networks over Harmony, which outputs tracks in AAC format playable on iPods.…
Real's revenues rise, helping losses fall
Real Networks reported Q2 revenues up 32% year on year to $65.5 million, cutting its losses, while Sony's Q2 profit rose to 23.3bn yen.…
Will Apple sue over Real's Harmony?
Speculation grows over whether Apple will take legal action over Real Networks' Harmony, which uses an unofficial version of Apple's AAC codec.…
Real hope to harmonise digital music with new technology
Real Networks will demonstrate its Harmony technology, which it says will let downloaded music play on most digital players, including the iPod, but not Sony's.…
RealNetworks reports Q2 2003 revenue of $49.6m
RealNetworks reported second-quarter 2003 revenue of $49.6m, up 6% on the first quarter, with a net loss of $9.6m, and forecast modest revenue growth for the third quarter.…