To: Beta Nasdaq who wrote (3651 ) 6/24/1999 1:24:00 PM From: John F Beule Respond to of 5843
More on the set-top box deal: RealNetworks software to be added to cable boxes By Reuters Special to CNET News.com June 24, 1999, 6:45 a.m. PT RealNetworks will announce a deal today to distribute its RealPlayer G2 multimedia software in Liberate Technologies television set-top boxes, company executives said. The distribution arrangement is the latest step in a move by Seattle-based RealNetworks to extend its dominance of the market for audio and video software into the emerging world of high-speed Internet connections. Liberate, formerly known as Network Computer, is backed by a number of cable television and technology companies led by Oracle and America Online. It has forged deals to provide interactive television software and services to cable giant Comcast, regional telephone operator US West, and America Online's AOL TV and others. "This is a great step forward for us into broadband,'' RealNetworks senior vice president Len Jordan said. "It lets us continue to broadly distribute our player and allows us to distribute more broadly into cable." RealNetworks, which already has distributed its software to 65 million Internet users, has been moving aggressively in recent months to speed development of a so-called broadband network that would allow the delivery of more video over the Internet. The company says 85 percent of Internet sites with multimedia content already use RealNetworks software rather than rival products made by software giant Microsoft. Liberate is the chief rival to Microsoft in the battle to provide software for advanced television set-top boxes expected to be distributed to millions of cable television customers in coming years. But Charlie Tritschler, vice president of marketing for Liberate, said the deal with RealNetworks was not exclusive and the company would continue to work with Microsoft in other areas. Network Computer initially was set up by Oracle chief executive officer Larry Ellison and Netscape Communications to offer an alternative platform to the personal computer standard dominated by Microsoft. The company, which has now shifted its focus to the set-top box, announced investments totaling $50 million from 11 companies last month and filed to go public. Story Copyright © 1999 Reuters Limited. All rights reserved.