Rob Glaser (Photo: Tyler Sipe)

More layoffs at RealNetworks as 85 employees receive pink slips

Rob Glaser is not wasting any time cleaning house. Two weeks after the company reappointed the founder as CEO, it said today it has trimmed its workforce by 10 percent. RealNetworks said it cut 85 positions worldwide today, leaving it with roughly 765 employees. The Seattle-based digital media pioneer did not provide a lot of details about what positions or divisions were being eliminated, other… Read More

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Rhapsody tops $42M in quarterly revenue, but loss widens, filing shows

Rhapsody’s quarterly revenue reached nearly $42.5 million in the second quarter — an increase of 22 percent — but the music service’s loss widened to $4.7 million, from a loss of $4.4 million a year ago. Rhapsody is an independent, privately held company, but the company’s financial results were disclosed this morning in a quarterly regulatory filing… Read More

Rob Glaser

Rob Glaser is officially back as RealNetworks CEO, shedding ‘interim’ title after two years

More than two years after returning as the interim CEO of RealNetworks, founder Rob Glaser was named the company’s permanent chief executive this afternoon — shedding the “interim” title and officially reclaiming the position that he held for more than 15 years. The decision by the RealNetworks board, announced this afternoon, speaks in part to the difficulty… Read More

Mike Mulica

RealNetworks hires former Openwave CEO as president, unites two largest divisions

RealNetworks has hired Mike Mulica, the former CEO of mobile pioneer Openwave, as its new president of worldwide sales and business development, bolstering its executive ranks as the company tries to turn itself around under founder Rob Glaser. The Seattle-based company also said it will be combining the management of its two largest divisions, the Mobile… Read More

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RealNetworks hires industry vet Atul Bali to lead video game division

RealNetworks today announced that Atul Bali, a 20-year gaming industry vet, will head up the company’s video game division beginning later this month. Bali was previously the CEO of Aristocrat Technologies, a company that supports land-based and online gaming solutions. He’ll be in charge of RealNetworks’ game portfolio, which includes the GameHouse — formerly RealGames — and… Read More

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Rhapsody, Napster top 1.7M subscribers, up 63%: ‘It’s us and Spotify and everyone else’

The combined subscriber base of the Rhapsody and Napster music services has grown to more than 1.7 million globally, achieving a 63 percent year-over-year increase and sending a message about parent company Rhapsody International’s status in an increasingly competitive market for digital music services. “It’s really us and Spotify and everyone else,” said Paul Springer,… Read More

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Google Chromecast gets 10 new apps, including RealPlayer Cloud

Google this morning announced 10 new apps for Google Chromecast, including support for RealPlayer Cloud, the new video player and cloud service from Seattle-based RealNetworks. The integration will let RealPlayer Cloud users ‘cast’ their personal videos from devices to the television via the Chromecast dongle. Other apps announced for Chromecast include Plex, Avia, VEVO, Red… Read More

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RealNetworks sells remaining stake in LoEn digital music company for $29.3M

RealNetworks has sold its remaining stake in Korean digital music distribution company LoEn Entertainment, netting $29.3 million in cash, according to a note in a regulatory filing from the Seattle company this week. A spokesperson for RealNetworks said the company sold the stake to capitalize on a financial opportunity, but RealNetworks remains “a close partner”… Read More

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RealNetworks buys European ringback tone firm Muzicall

RealNetworks has acquired Muzicall, a 9-year-old London company that specializes in ringback tones. The company will be integrated with Real’s mobile entertainment division, which works with carriers to manage 18 million ringback tone subscribers. Ringback tones replace the traditional ring that a caller hears before their phone call is answered. They typically consist of music,… Read More

Rhyne

Tech Moves: Prevencio lands biotech vets; Lively hires music vets; DomainTools nabs Roberts

—Prevencio, an early-stage biotech company working on cardiac biomarker tests, has named H. Perry Fell as chairman and Rhonda Rhyne as president and CEO. Fell is a well-known Seattle area biotech leader, having previously served as CEO of NanoString Technologies and Seattle Genetics. Rhyne is the former president of CardioDynamics, which sold to SonoSite in… Read More

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RealNetworks tries to get back in sync with new ‘RealPlayer Cloud’ service

One of the original brands behind the Internet media revolution, RealPlayer, is making a push into the cloud era with a new service, RealPlayer Cloud, that aims to solve some of the toughest challenges involved in sharing and distributing videos online. RealNetworks calls it the first integrated video player and cloud service. The Seattle-based company… Read More

rhapsody

Rhapsody reset: Revenue slips 8% as music service drops ads and MP3 sales to focus on subscriptions

Rhapsody is focusing more intently on its core music subscription service, dropping third-party ads from its Rhapsody.com website and discontinuing sales of MP3 downloads. And in the short term, at least, the move is putting a damper on the company’s revenue growth. Revenue at the Seattle-based company dropped 8 percent to $34.7 million in the… Read More

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Seattle tech vet Matt Hulett named CEO of ClickBank

Matt Hulett, the Seattle startup veteran who was most recently president of RealNetworks’ video-game division, has been named the CEO of ClickBank, a Boise-based digital content creation, distribution and marketing platform. Hulett, the former AdXpose (Mpire) CEO and Expedia Corporate Travel president, announced his departure from RealNetworks’ GameHouse unit a month ago for an unspecified… Read More

Matt Hulett

GameHouse chief Matt Hulett leaving RealNetworks for mystery job

Matt Hulett, the Seattle startup vet who overhauled RealNetworks’ GameHouse games division, is leaving the company to accept an unspecified “executive opportunity out of state,” according to a regulatory filing this morning. Hulett, the former AdXpose (Mpire) CEO and Expedia Corporate Travel president, isn’t yet saying publicly what he plans to do. Hulett led GameHouse,… Read More