RealNetworks
Tricia Duryee
Jul 29, 2010 5:54 PM
RealNetworks (NSDQ: RNWK) conducted a deep reorganization in the second quarter that led to the elimination of 85 jobs, including 25 percent of the company’s execs. Today, it announced that the changes are largely complete and is busy trying to increase revenues of current products, and trying to beef up…
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Mobile, Money, Earnings, Companies, RealNetworks
Staci D. Kramer
Jul 22, 2010 7:02 PM
Maybe it’s just me but it felt like RealNetworks (NSDQ: RNWK) dragged out this whole CEO search for too long. It’s not like Bob Kimball was an unknown: He’s been with the company since 1999. Maybe a month or two after Chairman Rob Glaser resigned as CEO in early January,…
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Industry Moves, Companies, RealNetworks, rob glaser, robert kimball
Staci D. Kramer
Joseph Tartakoff
Jun 22, 2010 4:38 PM
RealNetworks (NSDQ: RNWK) is reorganizing once again, taking a $10 million charge this quarter as it cuts staff and office space. About 85 jobs are being cut, including roughly 25 percent of the company’s execs. This is the second round of layoffs at the company since Rob Glaser stepped down…
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Jobs & Layoffs, Companies, RealNetworks
Rafat Ali
Staci D. Kramer
May 26, 2010 12:06 AM
Rob Glaser has landed at his next gig, relatively quickly. He is joining one of the bluechip VC firms Accel Partners, as a Venture Partner, focusing on digital media technology, social media, and mobile service investments. He will remain at his homebase in Seattle, and will surely be looking at…
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Industry Moves, Money, M&A & Venture Capital, Venture Capital, Companies, RealNetworks, rob glaser
Joseph Tartakoff
May 6, 2010 4:08 PM
RealNetworks (NSDQ: RNWK), which is in the midst of a major reorganization of its business, posted another down quarter, with revenue off nine percent to $128.6 million. The company did however swing to a profit of $3.2 million, or 5 cents a share, compared to a net loss of $12.1…
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Money, Earnings, Companies, RealNetworks
Staci D. Kramer
May 4, 2010 9:15 AM
RealNetworks’ GameHouse is launching a new social gaming platform designed to transform single-player games into connected experiences—and to make it easier for developers to publish games across gaming portals and devices. It’s supposed to be able to “massively” scale for hundreds of millions of players. The first example of GameHouse…
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Apps, Entertainment, Games, Mobile, Companies, RealNetworks, gamehouse
Joseph Tartakoff
Apr 26, 2010 12:01 AM
Newly independent Rhapsody is giving its iPhone app some bragging rights with an update that lets subscribers listen to tracks even when they’re not online. Users will now be able to download their Rhapsody playlists to their phones; by June, Rhapsody says it will add functionality so users can download…
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Apps, Companies, Apple, iPhone, RealNetworks, rhapsody
Staci D. Kramer
Apr 6, 2010 11:10 AM
Less than two months after RealNetworks (NSDQ: RNWK) and MTV Networks (NYSE: VIA) announced plans to spin off the veteran subscription music, Rhapsody is now on its own. It’s a little like a kid graduating from college with uncertain prospects: the college grad still has the same parents but their…
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Companies, RealNetworks, Viacom, MTV, rhapsody
Joseph Tartakoff
Mar 31, 2010 6:31 PM
RealNetworks (NSDQ: RNWK)—which is in the midst of a major reorganization—is cutting another four percent of its workforce, or 60 jobs. This is the first round of layoffs at the company since Rob Glaser stepped down as CEO. Interim CEO Bob Kimball is restructuring the company around two of its…
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Jobs & Layoffs, Companies, RealNetworks
Tricia Duryee
Mar 23, 2010 9:00 AM
RealNetworks (NSDQ: RNWK) is rolling out a new mobile video service that will help entertainment and wireless companies tap into consumers’ increasing demand for watching video on the go. As networks and devices get better, users want to watch news, sports and other video content on their phone. But getting…
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Entertainment, Media & Publishing, TV, Mobile, Events, CTIA, Companies, RealNetworks
Tricia Duryee
Mar 10, 2010 7:20 PM
In Rob Glaser’s first public appearance since stepping down as CEO of RealNetworks (NSDQ: RNWK), he implored that it is incumbent upon companies to work together in order for the wireless sector to continue its break-neck pace of innovation. Glaser did not hint at what he might do next, but…
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Media & Publishing, Mobile, Companies, Apple, iPhone, Google, Android, Microsoft, RealNetworks, rob glaser
Staci D. Kramer
Mar 3, 2010 6:10 PM
Rob Glaser is still chairman of the board but it looks like the post-Glaser era at RealNetworks (NSDQ: RNWK) is well underway. The latest unraveling: Real is giving up the fight over RealDVD, the software deemed a copyright killer by the studios because it allowed users to store an image…
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Entertainment, Movies, DVD, Technologies / Formats, Companies, RealNetworks, disney, realdvd, rob glaser, robert kimball, viacom
David Kaplan
Joseph Tartakoff
Feb 26, 2010 6:04 PM
RealNetworks’ Bob Kimball, who was named acting CEO last month when founder Rob Glaser abruptly stepped down, got a nice salary increase with his promotion, according to the company’s 8-K filing. When Kimball was corporate EVP, he made a $370,000 base salary with a target bonus percentage of 75 percent.…
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Entertainment, Music, Money, Companies, RealNetworks, michael eggers, michael lunsford, robert kimball
Joseph Tartakoff
Feb 18, 2010 9:00 AM
RealNetworks (NSDQ: RNWK) is rolling out several small updates to its latest version of RealPlayer that likely signal the future direction of the 15-year-old media player; RealNetworks says that users of RealPlayer SP will now be able to upload videos directly to social networking sites with just a few clicks;…
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Technologies / Formats, Companies, RealNetworks
Joseph Tartakoff
Feb 11, 2010 5:01 PM
Lots of strong words from RealNetworks (NSDQ: RNWK) interim CEO Bob Kimball during the company’s earnings call. Kimball unveiled a new strategy for RealNetworks which will revolve around two of the company’s businesses—RealPlayer and its software as a service business for carriers. Kimball says that both of those businesses have…
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Entertainment, Money, Earnings, Technologies / Formats, Companies, RealNetworks, robert kimball
Joseph Tartakoff
Feb 11, 2010 4:10 PM
RealNetworks (NSDQ: RNWK), which is in the midst of a torrent of structural and management changes, posted a five percent drop in revenue during the quarter. Revenue fell to $145.5 million, while the company posted a net loss of $13.3 million (11 cents per share), an improvement from the company’s…
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Money, Earnings, Companies, RealNetworks
Staci D. Kramer
Feb 9, 2010 4:20 PM
The groundwork has already been laid and now it’s official: RealNetworks (NSDQ: RNWK) is spinning off music service Rhapsody in the hopes of giving both companies a better chance at success. Real will reduce its interest in the Rhapsody America joint venture to below 50 percent to match Viacom’s, giving…
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Entertainment, Music, Companies, RealNetworks, Viacom, rhapsody
Robert Andrews
Jan 21, 2010 10:21 AM
Music streaming service Spotify is still yet to launch in the U.S., but it already has big ambitions for revolutionising the market there. Buried in its annual report, in an interview with CEO Daniel Ek, the IFPI industry umbrella says: “In the U.S., Spotify’s goal is to increase the number…
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Entertainment, Music, Companies, RealNetworks, spotify
Rafat Ali
Jan 13, 2010 4:38 PM
Internal memo from Rob Glaser about him stepping down as CEO of RealNetworks (NSDQ: RNWK) after 16 years, followed by one from the new acting CEO Robert Kimball: From: Rob Glaser Sent: Wednesday, January 13, 2010 1:35 PM To: All RealNetworks Employees Subject: Important Personal News Team, Today we’re announcing…
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Industry Moves, Companies, RealNetworks, rob glaser, robert kimball
Rafat Ali
Jan 13, 2010 4:07 PM
A shocker but a move five years too late: Rob Glaser, the founder and CEO of RealNetworks (NSDQ: RNWK), is stepping down as the leader of the company after 16 years. The pioneering online video company has appointed Robert Kimball, who till now was the corp EVP, as president and…
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Entertainment, Games, Music, Companies, RealNetworks, rob glaser, robert kimball