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To: Dealer who wrote (42524)	9/24/2001 4:59:32 PM
From: Dealer	Respond to of 65232

RNWK--RealNetworks surges on new software By Mike Tarsala, CBS.MarketWatch.com Last Update: 4:22 PM ET Sept. 24, 2001 SEATTLE (CBS.MW) -- Shares of RealNetworks gained 20 percent Monday after the company introduced new audio and video software for developers and announced that additional services for consumers are coming within 60 days. FRONT PAGE NEWS AOL Time Warner slides after hours U.S. investors in a buying mood again New virus uses tragedy to hook victims Oil futures tumble in New York Market news and more! Sign up to receive FREE email newsletters Get the latest news 24 hours a day from our 100-person news team. The company (RNWK: news, chart, profile), which competes against Microsoft (MSFT: news, chart, profile) and its Windows Media Player software, unveiled RealOne for software and Internet site developers. RealOne enables programmers to incorporate text into files that play audio and video. Site visitors are invited to use a built-in Internet browser that works within the player software. It can link to more information about products and services that are being advertised, or a subject or idea that's being presented. "We're giving the industry an entire new set of tools that lets them use their content in new ways," said Larry Jacobson, RealNetworks president and chief operating officer. "And it just isn't for the media companies either. We think there are great applications for this type of software that will help companies decrease costs and enhance revenue." The developer software will be the basis of new consumer services that RealNetworks expects to offer within the next two months, Jacobson said. The company will replace its $9.95 GoldPass subscription service with a RealOne service that gives consumers access to sports, entertainment and other types of programming. The company also will provide access to a subscription music service it is developing with MusicNet, a venture that RealNetworks formed with major record labels. Already, RealNetworks has more than 400,000 active paying subscribers to its GoldPass service, up from 200,000 in mid-April, Jacobson said. Seattle-based RealNetworks gets roughly half its revenue from selling software and services to businesses, while the other half comes from services sales to consumers. RealNetworks' stock rose 68 cents to close at $4.02, with 2.98 million shares changing hands.