Home » Jazz News » Technology

101

Realnetworks Reports Profit but Subscribers Down

Source:

View read count
RealNetworks has reported a $1.5 million Third Quarter profit or less than 1 cent per share. It marks the first time that Real has turned a profit in more than a year. Music revenue declined 7% to $38.8 million, technology products fell 8% to $47.4 million and games dropped 14% to $29.5 million.

Subscribers to Real's Rhapsody music service were down 50,000 to 700,000 in the quarter. The company said that a recently released iPhone app will be primarily used by existing Rhapsody subscribers, rather than attracting new ones. The company, which faces increasing competition from free ad supported music services, has warned of weaker fourth quarter results. One bright spot is the company's inclusion in Google's new enhanced music search.

Continue Reading...

Tags

Technology HypeBot Michael Ricci


Comments

News

Popular

Cameron Washington Brings His New Orleans-inspired Lazy Californians To The World Stage With 'Back To San Francisco,' Set For February 13 Release Via Angel Island Records
Recording
Cameron Washington Brings His New Orleans-inspired Lazy Californians To The World Stage With 'Back To...
Terri Hinte Publicity
Ralph Towner, 1940-2026
Obituary
Ralph Towner, 1940-2026
DL Media
Sol Roots Trio Performs At The Listening Booth
Event
Sol Roots Trio Performs At The Listening Booth
9th Floor Music
New England Conservatory's Jazz Studies And Contemporary Musical Arts Spring 2026 Season Showcases Compelling And Imaginative Performances
Performance / Tour
New England Conservatory's Jazz Studies And Contemporary Musical Arts Spring 2026 Season Showcases...
Braithwaite & Katz Communications
Thailand International Jazz Conference 2026 To Celebrate John Coltrane Centennial With Grand Orchestral Tribute
Event
Thailand International Jazz Conference 2026 To Celebrate John Coltrane Centennial With Grand...
Thailand International Jazz Conference
Composer, Conductor And Bandleader Maria Schneider Earns 2026 Rolf Schock Prize In Musical Arts
Award / Grant
Composer, Conductor And Bandleader Maria Schneider Earns 2026 Rolf Schock Prize In Musical Arts
Braithwaite & Katz Communications
Pittsburgh's Con Alma Hosts Gala And Asks For Help To Keep Club Active
Event
Pittsburgh's Con Alma Hosts Gala And Asks For Help To Keep Club Active
C. Andrew Hovan
Elysium Furnace Works Announces Its 2026 Season, Beginning With Tyshawn Sorey And Cooper-Moore On Saturday, March 14
Event
Elysium Furnace Works Announces Its 2026 Season, Beginning With Tyshawn Sorey And Cooper-Moore On...
James Keepnews

Get more of a good thing!

Our weekly newsletter highlights our top stories, our special offers, and upcoming jazz events near you.

Install All About Jazz

iOS Instructions:

To install this app, follow these steps:

All About Jazz would like to send you notifications

Notifications include timely alerts to content of interest, such as articles, reviews, new features, and more. These can be configured in Settings.