Hey CB
Here's some news from RNWK and T this morning.
----------This is from the NETR S-1/A
- BUILD STRATEGIC ALLIANCES. We enter into strategic alliances to develop
our content, build our technology, generate and support traffic to our Web
site and fulfill our product distribution needs. We have alliances with
major record labels, RealNetworks, AT&T and cable Internet service
providers, as well as product fulfillment agreements with Navarre
Corporation, our majority shareholder, and Valley Media, Inc., both
leading music distributors.
---------Here's the News.
dailynews.yahoo.com
Monday May 3 5:59 AM ET
Realnetworks Launches AT&T-Backed Music Platform
NEW YORK (Reuters) - RealNetworks Inc (Nasdaq:RNWK - news), an Internet media powerhouse, said Monday its RealSystems digital music platform allowing users to download music from the Internet operates on a format developed by AT&T Corp. (NYSE:T - news)
The companies said consumers using RealJukebox, the digital music product operates on AT&T's a2b music format, which secures files and helps protect copyrights. RealNetworks plans to unveil its RealJukebox Monday.
The technology will help make possible the sale of songs over the Internet, a business AT&T and RealNetworks said they believe will change the way consumers buy and listen to music.
''AT&T sees 'soft goods' such as networked music as a strategic opportunity to create new business and expand markets, and a natural extension of our expertise,'' AT&T's Vice President of Corporate Strategy and Business Development Mercedes Walton said in a statement.
RealNetworks said its RealJukebox is the first complete product that allows consumers to play, record, organize, and search for music from a single-user interface. It also said RealSystems is the first complete digital music management architecture enabling users to integrate with a wide range of Internet services and hardware devices.
AT&T said it had been using its a2b music technology for the past 18 months to help major labels and artists deliver CD-quality music over the Internet.
----------This is from the NETR S-1/A
- BUILD STRATEGIC ALLIANCES. We enter into strategic alliances to develop
our content, build our technology, generate and support traffic to our Web
site and fulfill our product distribution needs. We have alliances with
major record labels, RealNetworks, AT&T and cable Internet service
providers, as well as product fulfillment agreements with Navarre
Corporation, our majority shareholder, and Valley Media, Inc., both
leading music distributors.
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