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Napster Turns A Profit, Partners With Univision

The latest financial filings from Napster proves that music streaming - at least, the all paid variety - can be profitable. From 2017 to 2018, Napster moved from a net loss of $13.1 million to a net profit of $10.3 million. But parent company RealNetworks still warned that “for Napster to meet its future liquidity needs... (it) will need additional financing to fund its operations and growth”. Read the full SEC filing here. Napster also announced that it had partnered with Univision  f...
Tags: Music, US, SEC, Univision, Bruce Houghton, RealNetworks, Napster, Uforia, Napster Turns A Profit Partners With Univision, Angel Gambino


RealNetworks Takes Control Of Napster Music Streaming Service For Just $1M Up Front

RealNetworks has doubled its stake in Rhapsody International, which operates the Napster music streaming service. RealNetworks now owns 84% of Napster and will operate it as an independent subsidiary. The transaction values Napster at less than $140 million. Bill Patrizio will continue to be Napster's CEO, and Rob Glaser will continue as Chairman. Rhapsody had been spun off from RealNetworks in 2010.  RealNetworks has committed to pay just $1 million cash up front and an additional ...
Tags: Music, Rob Glaser, Bruce Houghton, Applebee, RealNetworks, Napster, Rhapsody, Bill Patrizio, Cary Baker, CNTP


Napster are now 84% majority owned by RealNetworks

Napster have re-positioned themselves since the name relaunched 3 years ago and now RealNetworks are investing big in their music services. RealNetworks have doubled their stake in Rhapsody International, making them a majority owner of music streaming service Napster with an 84% stake. RealNetworks, a “recognised leader in digital media software and services”, received approval from the Treasury Department’s Office of Foreign Assets Control to purchase the large stake in Napster. Befor...
Tags: Music, US, Investment, Stock, Rob Glaser, Industry News, Music Business, Applebee, RealNetworks, Napster, Rhapsody, Real Networks, Bill Patrizio, Cary Baker, Napster Napster


As facial-recognition technology grows, so does wariness about privacy

RealNetworks is offering schools a new, free security tool: facial-recognition software. But as the technology moves further into public spaces, it's raising privacy concerns and calls for regulation — even from the technology companies that are inventing the biometric software.
Tags: Amazon, Business, Technology, News, Education, Microsoft, RealNetworks


Meet Scener: Social-Video Commentary Startup Rides on Top of Netflix, Hulu Content

Here comes a new way to watch TV shows and movies: Startup Scener is coming out of stealth mode and launching a service that lets you provide your own color commentary over Netflix, Hulu and YouTube streaming video and gives viewers the chance to interact in real-time. The free Scener service, which goes live Sept. […]
Tags: News, RealNetworks, Netflix Hulu, Daniel Strickland, Joe Braidwood, Scener, Netflix Hulu Content


RealNetworks Launches Free Facial Recognition Tool for Schools

A new facial recognition tool by RealNetworks aims to keep kids safe in school. But privacy experts fear the unchecked surveillance of kids could go awry.
Tags: Security, RealNetworks, RealNetworks Launches Free Facial Recognition Tool


Robinhood hires Josh Elman as VP of product, who’ll stay at Greylock

Zero-fee stock trading app Robinhood is getting some product firepower as it dives into cryptocurrency and weighs platform aspirations. Investor Josh Elman will join Robinhood as its VP of product while remaining a partner at Greylock. With 4 million registered users, $176 million raised and a $1.3 billion valuation, the five-year-old fintech startup is shifting from a period of finding product-market fit to building a serious business. Elman’s experience with rapidly rising companies like Faceb...
Tags: Social, Facebook, Ecommerce, Apps, Twitter, Finance, Stanford, Samsung, Linkedin, Tech, Venture Capital, Reid Hoffman, Zazzle, Robinhood, Coinbase, Cryptocurrency


Napster Names Bill Patrizio President, CEO

Rhapsody International announced that it has named Bill Patrizio as President and CEO OF their Napster streaming service. Patrizio had been appointed as the interim CEO of the company in May 2017, following the departure of Mike Davis from the position amid a restructuring. In addition, Patrizio maintained his position at RealNetworks as president of consumer media. At RealNetworks, he was responsible for strategy and management of the company’s media services and IP licensing business, n...
Tags: Music, Japan, Streaming, Bill, Rob Glaser, Music Business, Music Tech, Bruce Houghton, RealNetworks, Napster, Mike Davis, Patrizio, Jason Epstein, Bill Patrizio, Bill Napster


Music Piracy: The Extraterrestrial Threat

I’m taking a week off from producing a full podcast, and am instead presenting what I hope will be a fun Thanksgiving road-trip accompaniment. It’s an audibobook excerpt. But since it’s the very start of that audiobook – and as it’s read by the flat-out brilliant comedian/actor John Hodgman - there’s no need to hear the rest of the thing to enjoy this standalone hour-plus of playfulness. In other words, this is truly not intended as an advert for a long-ago book! But if you find the nature of ...
Tags: Spotify, Post, News, RealNetworks, Napster, Rhapsody, John Hodgman, Hodgman, Copyright-related Lunacy, MTV More


Napster/Rhapsody Posts Surprise $1.6M Quarterly Profit

Napster, the music streamer formerly known in the U.S. as Rhapsody has posted a surprising $1.6 million profit in the third quarter of 2016. Maybe there is still hope for the financial future of streaming music.... After years of losses, Napster/Rhapsody posted a $1.6 million profit in the third quarter of 2016 on record revenue of $54 million. Profits are rare for music streamers and for Napster parent company Rhapsody International comes after several month of downsizing and office con...
Tags: Music, UK, Jay Z, Stephen Fry, Apple Music, Robbie Williams, Music Business, Music Tech, Streaming & Cloud, Bruce Houghton, RealNetworks, Napster, GeekWire, Rhapsody, Rhapsody International


Oyo Rooms appoints Anil Goel as Chief Technology Officer

Oyo Rooms has appointed Anil Goel as its chief technology officer. Goel will head the technology strategy and R&D teams at the company. Goel joins Oyo from Amazon, where he worked as the director of engineering and head of technology for customer returns and reverse logistics for 3 years. Prior to that, he was the CTO of Hike, CTO and product management head at HyperQuality, Inc, practice director at Sogeti, general manager at RealNetworks, principal consultant at CapGemini and a systems analys...
Tags: Travel, Amazon, Mobile, News, Internet, Softbank, Cto, Lightspeed India, Oyo Rooms, RealNetworks, Travelport, Oyo, Capgemini, Industry Moves, Goel, Online Travel Agency


RealNetworks left its mark as a launchpad for tech entrepreneurs

The early Seattle streaming pioneer is long past its heyday now, but it proved a good training ground for a generation of startup executives.
Tags: Business, Technology, News, Seattle, Local Business, RealNetworks


BMW car-sharing reaches 13,000 in Seattle, including new CEO

Former Inrix and RealNetworks executive Steve Banfield will serve as the CEO of ReachNow.
Tags: Business, Technology, Bmw, Seattle, Inrix, RealNetworks


Rhapsody Names Former UMG Exec As First CEO

Who knew that Rhapsody and Napster didn't have a CEO? Since a 2010 spin-off from RealNetworks, the streamer has been run by a series of interim execs, none of which had full CEO status, until today. Rhapsody has hired its first CEO, Mike Davis. Previously, Davis led the content and distribution (UMGD) divisions as EVP and  GM of Universal Music Enterprises (UME). More recently, Davis was a senior operating consultant for The Gores Group. “I am thrilled to join Rhapsody at such a dynamic tim...
Tags: Music, Davis, Music Business, Music Tech, Streaming & Cloud, Bruce Houghton, RealNetworks, Napster, Mike Davis, Rhapsody, Gores Group, Howie Gabriel, UMGD, GM of Universal Music Enterprises UME More, Listener Network Related, Sony RED for Warner Bros Records


Microsoft Zune

Microsoft has been the dominant force in computer software for so long, so it's had a really hard time with Apple's supremacy in the digital music space. Microsoft first tried to go after the iPod/iTunes juggernaut by providing the backbone software for a coalition of digital media companies: Creative, iriver, Samsung and others on the hardware side; Napster and even competitors such as Yahoo! and RealNetworks on the software side.
Tags: Apple, Microsoft, Yahoo, Samsung, RealNetworks, Napster


GamesBeat weekly roundup: HTC Vive reviewed, and our first VR injury

Welcome to another GamesBeat weekly roundup! This time, we got to dive in deep with the HTC Vive virtual reality headset, we looked at an NES that was made of 24kt gold, and we reviewed Quantum Break. Happy reading, and have a great weekend! Pieces of flair and opinion The DeanBeat: What’s game journalism’s next move? Here’s how hard it is to make a mixed-reality trailer for HTC Vive VR games My first VR injury was painful and all my fault A step-by-step guide to building an all-star playe...
Tags: Business, Games, Japan, Instagram, Microsoft, Youtube, New York City, Tencent, Nvidia, Nintendo, Mlb, Madagascar, Skype, Zelda, HoloLens, Htc Vive


The boomerang kid: Rob Glaser on his return to RealNetworks and what's next

The most surprising fact about video and music streaming pioneer RealNetworks more than 22 years after its founding is that the Seattle-based company still exists. Since being founded by former Microsoft executive Rob Glaser in 1994, the company has managed to be at times too far ahead of the curve and too far behind; a cornerstone of the multimedia revolution and an also-ran.
Tags: Microsoft, Seattle, Rob Glaser, RealNetworks


The boomerang kid: Rob Glaser on his return to RealNetworks and what’s next

FEATURE: The most surprising fact about video and music streaming pioneer RealNetworks more than 22 years after its founding is that the Seattle-based company still exists. Since being founded by former Microsoft executive Rob Glaser in 1994, the company has managed to be at times too far ahead of the curve and too far behind; a cornerstone of the multimedia revolution and an also-ran. Real has survived bruising legal and public relations battles against tech Goliaths only to find itself fight...
Tags: Apple, Mobile, Apps, Twitter, Europe, Business, Games, Media, Microsoft, Steve Jobs, Barcelona, European Union, Verizon Wireless, Netflix, Pandora, Michael Dell


Microsoft Zune

Microsoft has been the dominant force in computer software for so long, so it's had a really hard time with Apple's supremacy in the digital music space. Microsoft first tried to go after the iPod/iTunes juggernaut by providing the backbone software for a coalition of digital media companies: Creative, iriver, Samsung and others on the hardware side; Napster and even competitors such as Yahoo! and RealNetworks on the software side.
Tags: Apple, Microsoft, Yahoo, Samsung, RealNetworks, Napster


Microsoft Zune

Microsoft has been the dominant force in computer software for so long, so it's had a really hard time with Apple's supremacy in the digital music space. Microsoft first tried to go after the iPod/iTunes juggernaut by providing the backbone software for a coalition of digital media companies: Creative, iriver, Samsung and others on the hardware side; Napster and even competitors such as Yahoo! and RealNetworks on the software side.
Tags: Apple, Microsoft, Yahoo, Samsung, RealNetworks, Napster


Nest CEO Tony Fadell on the iPod, iPhone, and the importance of shipping products

Tony Fadell has had a storied career in Silicon Valley. He grew up in Michigan and took to building things early, thanks to a grandfather who gave him lots of tasks — like changing electrical sockets at age four. He became tech savvy, moved to Silicon Valley, and got a job at General Magic, a 1990s company that was trying to beat Microsoft in operating systems and portable hardware. It failed miserably, but Fadell took his ideas for portable hardware first to Philips Electronic and then Apple. A...
Tags: Apple, Google, Motorola, Business, Japan, Microsoft, Mac, California, Steve Jobs, France, Nokia, Samsung, San Francisco, Spain, Hawaii, Ford


Microsoft Zune

Microsoft has been the dominant force in computer software for so long, so it's had a really hard time with Apple's supremacy in the digital music space. Microsoft first tried to go after the iPod/iTunes juggernaut by providing the backbone software for a coalition of digital media companies: Creative, iriver, Samsung and others on the hardware side; Napster and even competitors such as Yahoo! and RealNetworks on the software side.
Tags: Apple, Microsoft, Yahoo, Samsung, RealNetworks, Napster


RealNetworks Inc (RNWK) Stock Rating Lowered by Zacks Investment Research

According to Zacks, "RealNetworks, Inc. is a leading provider of branded software products and services that enable the creation and real-time delivery and playback of audio, video, text, animation and other media content over the Internet and intranets on both a live and on-demand basis. RealNetworks' products and services include its RealSystem G2, a streaming media solution that includes RealNetworks' popular RealAudio and RealVideo technology, an electronic commerce Web site from which RealN...
Tags: Zacks Investment Research, RealNetworks Inc, Zacks RealNetworks Inc, RealNetworks, RealVideo


RealNetworks Launches RealMedia??? HD Solution for Embedded Devices at the 2016 International CES

An extension of its existing product portfolio, RealMedia HD will enable chipset manufacturers to save substantial costs while offering high-speed and high-definition video content. With this solution for embedded devices, RealNetworks allows manufacturers to meet the demands of consumers' increasing mobile video consumption while using less device resources and battery life.
Tags: RealNetworks


Mobile App Accelerator Neumob Raises $8.5M Series A Led By Accel Partners

 Neumob, a service that helps mobile app developers get their in-app content to users faster, today announced that it has raised an $8.5 million Series A round led by Accel Partners. Additional investors include Shasta Ventures, Eniac Ventures and Lightbank Ventures, as well as a number of private investors, including RealNetworks founder and CEO Rob Glaser. Read More
Tags: Fundings & Exits, TC, Developer, Venture Capital, Accel Partners, Neumob, Eniac Ventures, Lightbank, Rob Glaser, Shasta Ventures, RealNetworks, Accel Partners Additional, Shasta Ventures Eniac Ventures, Lightbank Ventures


Apple Wins iPod Antitrust Lawsuit, Found Not Guilty of Harming Consumers

Jury deliberations for the iPod antitrust lawsuit Apple faced in court last week began on Monday, and it appears the jury has already reached a verdict just a day later. As reported by The Verge, the jury has sided with Apple, finding the company not guilty of harming consumers with anticompetitive practices. In the class action lawsuit, the plaintiffs argued that Apple had deliberately crippled third-party music services by locking iPods and iTunes to its own ecosystem, which in turn artificia...
Tags: Apple, Steve Jobs, Bbc, Front Page, Phil Schiller, RealNetworks, Eddy Cue, Mac Apps Opera Coast Browser


Steve Jobs Deposition Video Shown in Ongoing iPod Class-Action Lawsuit

Apple is in court this week dealing with an ongoing class-action lawsuit that accuses the company of purposefully crippling competing music services and inflating prices by locking iPods and iTunes music to its own ecosystem. Evidence from Steve Jobs, in the form of a series of emails, has played a large role in the case so far, and today, the former Apple CEO was featured in the trial again, when a deposition videotaped in 2011 was shown in court. CNET has been attending the trial since it sta...
Tags: Apple, Jobs, Microsoft, Steve Jobs, India, Front Page, Brussels, Cnet, RealNetworks, Eddy Cue, MacBook Air Retina, Digital Rights Management DRM, RealNetwork


Eddy Cue Speaks on Apple's DRM Policies in iPod Antitrust Lawsuit

In an ongoing class action lawsuit that alleges Apple deliberately crippled competing music services by locking iPods and iTunes music to its own ecosystem, Apple iTunes chief Eddy Cue today testified on Apple's Digital Rights Management (DRM) policies. In the early days of iTunes and the iPod, all iTunes music purchases were encoded with Apple's FairPlay DRM, preventing music bought via iTunes from being played on music players other than the iPod. In the two-pronged antitrust lawsuit that cov...
Tags: Apple, Microsoft, Steve Jobs, Front Page, Portland, Xcode, Phil Schiller, U S District Court, RealNetworks, Eddy Cue, Steve Wozniak, Steve Jobs Starbucks, Northern District of California Apple


Apple Accused of Deleting Songs From iPods Without Users' Knowledge

SternisheFan writes with this excerpt from a story at AppleInsider that says "During in-court proceedings of Apple's iPod/iTunes antitrust lawsuit on Wednesday, plaintiffs' lawyers claimed Apple surreptitiously deleted songs not purchased through the iTunes Music Store from users' iPods. Attorney Patrick Coughlin, representing a class of individuals and businesses, said Apple intentionally wiped songs downloaded from competing services when users performed a sync with their iTunes library, repor...
Tags: Apple, RealNetworks, Coughlin, SternisheFan, Patrick Coughlin


Apple Deleted iPod Owners' Songs Downloaded From Competing Music Services Between 2007 and 2009

Between 2007 and 2009, Apple stealthily deleted content that iPod owners had downloaded from rival music services, reports The Wall Street Journal. The information came to light during an ongoing class action iPod lawsuit that Apple is fighting in court this week, where the Cupertino company is accused of having violated antitrust law by locking its original iPods to the iTunes ecosystem. According to plaintiff attorney Patrick Coughlin, a user who downloaded music from a competing music servic...
Tags: Apple, Steve Jobs, Front Page, Cupertino, Xcode, Phil Schiller, U S District Court, RealNetworks, Eddy Cue, Steve Wozniak, Patrick Coughlin, Elgato Smart Power, Verizon Elgato Launches Thunderbolt, Augustin Farrugia, Farrugia, Northern District of California Both Apple