Latest RealNetworks Stories

SEATTLE, April 2, 2012 /PRNewswire/ -- RealNetworks Inc. (Nasdaq: RNWK) today announced the appointment of Tim M. Wan as Chief Financial Officer and Treasurer, effective April 18, 2012. Wan, a 12-year veteran of RealNetworks, most recently served as the company's vice president of finance. He replaces Michael Eggers, who announced his resignation earlier this year. "After a thorough internal and external search, we are very pleased to promote Tim -- a seasoned RealNetworks...

MUMBAI, India, Feb. 22, 2012 /PRNewswire/ -- RealNetworks India Pvt. Limited, a wholly owned indirect subsidiary of RealNetworks®, Inc. (NASDAQ: RNWK), the US-based digital entertainment services company, has inked a long-term Ringback Tone (RBT) partnership with Idea Cellular. Idea Cellular is India's 3rd largest mobile services operator with over 100 million subscribers. RealNetworks won the deal after a rigorous open bidding process ahead of many global and India VAS players....

SEATTLE, Feb. 15, 2012 /PRNewswire/ -- RealNetworks, Inc. (Nasdaq: RNWK) today announced results for the fourth quarter and fiscal year ended Dec. 31, 2011. Quarterly Highlights: Revenue of $80.2 millionNet loss of $(2.8) million or $(0.08) per shareAdjusted EBITDA of $3.8 millionOperating cash flow of $6.7 millionFull Year Highlights: Revenue of $335.7 millionNet loss of $(27.1) million or $(0.79) per shareAdjusted EBITDA of $17.7 millionCash and short term investments of $185.1 million as...

SEATTLE, Jan. 26, 2012 /PRNewswire/ -- RealNetworks, Inc. (Nasdaq: RNWK) today announced that it has signed an agreement to sell a significant number of its patents and its next generation video codec software to Intel Corporation for a purchase price of $120 million. Under terms of the sale, RealNetworks retains certain rights to continue to use the patents in current and future products. "Selling these patents to Intel unlocks some of the substantial and unrealized value of...

SEATTLE, Jan. 25, 2012 /PRNewswire/ -- Digital entertainment services company RealNetworks, Inc. (Nasdaq: RNWK) will release its financial results for the fourth quarter and full-year 2011 ended Dec. 31, 2011, on Wednesday, Feb. 15, 2012. The company will host a webcast and conference call to review results and discuss the company's performance at 5 p.m. ET. Webcast DetailsInvestors are invited to join the live audio webcast at 5 p.m. ET on Feb. 15. The webcast will be available...

SEATTLE, Jan. 18, 2012 /PRNewswire/ -- RealNetworks, Inc. (Nasdaq: RNWK) announced today the tax treatment for the special dividend paid on the company's common stock on Aug. 23, 2011. The cash dividend of $1.00 per share is classified for income tax purposes as follows: $0.687752 per share as non-dividend distributions (return of capital) and $0.312248 per share as taxable qualified dividends on the 2011 Form 1099-Div. Shareholders are encouraged to consult with their personal...

SEATTLE and VICTORIA, British Columbia, Dec. 22, 2011 /PRNewswire/ -- GameHouse, the gaming division of RealNetworks (NASDAQ: RNWK ), announced today that the company is expanding its social game studio to a new office in Victoria, BC, where it aims to double its staff to at least 45 people by the end of 2012. "Social game development is the number one priority for our company in 2012 and Victoria is an attractive area for expansion due to the city's high caliber of talent...

SEATTLE, Nov. 18, 2011 /PRNewswire/ -- The typical picture of an average online gamer, once seen as a teenage boy or an introverted, overweight, and depressed adult who spent most of their time indoors playing computer or console games, is no longer true. According to a new survey conducted online in October 2011 by Harris Interactive on behalf of GameHouse® among over 2,000 U.S. adults, more than half (55%) of online gamers (people who play online games on their computer, social...

SEATTLE, Nov. 15, 2011 /PRNewswire/ -- RealNetworks, Inc. (Nasdaq: RNWK) today announced the latest version of its flagship product RealPlayer, the free media player used by millions of people around the globe every day. The new RealPlayer adds new capabilities, including new social features that make viewing, keeping and sharing videos posted on Facebook a snap. Offered as a free download, the new RealPlayer automatically collects the Facebook videos posted by your friends and catalogs...

SEATTLE, Nov. 1, 2011 /PRNewswire/ -- RealNetworks, Inc. (NASDAQ: RNWK) today announced that its board of directors has named Thomas Nielsen as its new president and chief executive officer. Nielsen, who will also become a member of its Board of Directors, starts at RealNetworks on November 9th. (Photo: http://photos.prnewswire.com/prnh/20111101/SF97775) "After an extensive and thorough search, we're delighted to have selected Thomas as our new CEO," said RealNetworks company founder...