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Technology Stocks : Ampex Corporation (AEXCA)
AMPX 8.275-3.0%Dec 26 3:59 PM EST

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To: B. A. Marlow who wrote (5389)2/10/1999 1:02:00 AM
From: ACV  Read Replies (1) of 17679
 
Here is an interesting article on Webcasting. TVontheWeb currently uses RealNetworks' products .....

RealNetworks hitched to
Webcasting

By Stephanie O'Brien, CBS
MarketWatch
Last Update: 1:19 PM ET Feb 9, 1999
Goldman Sachs
updates

NEW YORK (CBS.MW) -- Real Networks has a
simple reason for its optimistic view of the future:

Internet broadcasting is fast blossoming into the next
mass medium, CEO Rob Glaser told investors Tuesday.

Glaser's Seattle-based company (RNWK) pioneered the
streaming software that allows audio and video
broadcasters to deliver their products over the World
Wide Web in real time.

Appearing at the Goldman Sachs technology conference
in New York, Glaser said Net-based broadcasting has
jumped dramatically in the past two years. And Glaser,
while declining to offer specific projections, added he
expects that growth to increase exponentially because
the technology is global, user-controlled and capable of
delivering live or on-demand material over unlimited
channels.

RealNetworks plans to make money on
that growth by selling licenses of an
enhanced version of its RealPlayer G2,
the next-generation of its core
RealPlayer software that delivers
streaming media to Internet users,
Glaser said.

Agreements with other companies
including Intel, America Online,
Netscape, Excite, Inktomi and most
recently AtHome and Enron have
positioned the company to expand its
presence significantly.

"AtHome and Enron in particular point
the way we're trying to distribute
streaming media," Glaser said.

He said he sees "substantial growth" in
such areas as corporate training and
corporate communications as
companies turn to the technology as a
means to cut costs.

The CEO said there are lessons to be learned from the
browser wars between Microsoft and Netscape --
rivalry, by the way, in which RealNetworks openly has
taken sides against Bill Gates.

The first was "the importance of ubiquity as a religion."

A second? "We don't want to give other companies the
opportunity to create a product that's freer than ours."

Stephanie O'Brien is a reporter for CBS MarketWatch.

CBS MARKETWATCH RT CBS MARKETWATCH LIVE

© 1998 MarketWatch.com, L.L.C. All rights reserved. Disclaimer.
MarketWatch.com is a joint venture of CBS and Data Broadcasting Corporation.
CBS and the CBS "eye device" are registered trademarks of CBS Inc.

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