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/ E-Retailers
Rhapsody chief takes on a broader role at RealNetworks
RealNetworks has named Mike Lunsford executive vice president of the technology products and solutions and media software and services divisions. Lunsford will also continue to oversee Rhapsody America, the digital music joint venture with MTV Networks.
Posted 01/25/2010Zak StamborPost a comment
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/ E-Retailers
Online music sales rise for RealNetworks in the first quarter
RealNetworks, which owns and operates the Rhapsody online music service, increased music sales by 15.8% to $44.1 million in Q1. But total sales decreased year over year by 4.6% to $140.8 million and media and software-related sales declined 23.1%.
Posted 05/13/2009Mark BrohanPost a comment
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/ E-Retailers
RealNetworks’ total sales grew by 5% in the third quarter
Online entertainment provider RealNetworks’ sales grew by about 5% to $152 million in the third quarter of fiscal 2008, up $6.9 million from $145.1 million in the prior year quarter.
Posted 11/05/2008Mark BrohanPost a comment
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/ Technology
iTunes still rules, but Amazon and Rhapsody are gaining
In the world of digital music, Apple’s iTunes still is the alpha dog. But Amazon.com Music and RealNetworks Inc.’s Rhapsody brands are gaining fans, says the TEMPO Digital Music Brandscape study conducted by Ipsos.
Posted 10/15/2008Bill BriggsPost a comment
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/ E-Retailers
Best Buy hopes to make sweet digital music with its purchase of Napster
To expand its digital entertainment portfolio, Best Buy is spending $121 million to buy digital music service Napster Inc. But even with Napster in hand, Best Buy still faces an uphill challenge against market leader Apple`s iTunes.
Posted 09/15/2008Katie DeatschPost a comment
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/ E-Retailers
Music sales hit a flat note for RealNetworks in Q2
RealNetworks posted music sales of $37.2 million in the second quarter, up just 1% from $36.8 million in Q2 of 2007. For the first six months of 2008, digital music sales reached $75.1 million, an increase of 6% from $70.9 million in the prior year.
Posted 08/11/2008Katie DeatschPost a comment
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/ Technology
Apple’s iTunes leads the digital music market, but competitors keep coming
Apple reports that online music shoppers have now purchased and downloaded over 5 billion songs from its iTunes store. But Napster and RealNetworks have launched new DRM-free music stores to chip away at Apple’s lead.
Posted 07/03/2008Katie DeatschPost a comment
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/ E-Retailers
Rhapsody to become Yahoo’s on-demand digital music service
Rhapsody America soon will be the exclusive on-demand music service for Yahoo, replacing Yahoo Music Unlimited. Under a broad strategic alliance Yahoo and Rhapsody also plan to collaborate on other digital music services such as music downloads.
Posted 02/06/2008Bill BriggsPost a comment
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/ E-Retailers
RealNetworks’ Q3 revenue tops $145 million
Online entertainment services company RealNetworks reported record revenue of $145.1 million for the third quarter of FY 2007, a 55% increase year over year. Gains were attributed in part to rising games and music sales.
Posted 10/31/2007Bill BriggsPost a comment
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/ Technology
RealNetworks and TiVo Inc. form a music alliance
RealNetworks has forged a marketing and technology deal with TiVo Inc. to integrate Rhapsody into TiVo’s broadband-connected video recording box. With the new relationship, RealNetworks will have access to approximately four million TiVo subscribers.
Posted 10/11/2007Paul DemeryPost a comment
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