Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : RealNetworks (NASDAQ:RNWK) -- Ignore unavailable to you. Want to Upgrade?

To: Doug West who wrote (544)	4/7/1998 11:45:00 PM
From: Boplicity	Respond to of 5843

Reuters SEATTLE, Washington (April 7) - RealNetworks has announced a series of deals with news and entertainment producers that company executives described as a sign of momentum for more audio and video on the Internet. Among the deals announced at an industry trade show in Las Vegas was an exclusive arrangement under which all 27 radio stations owned and operated by the ABC network will begin transmitting live on the Internet this month. A RealNetworks officials said the service also would be offered to the nearly 3,000 radio stations affiliated with ABC Radio, the nation's largest radio network and a unit of Walt Disney. In another deal, CNN Interactive said its has chosen RealNetworks technology on Sun Microsystems' Solaris platform for its live and on-demand audio feeds. And RealNetworks said it was working with a division of TCI Music to develop and market new music audio and video services. Brett Goodwin, a product unit manager for RealNetworks, said the announcements reflect a growing use on the Internet of ''streaming'' media, a technique pioneered by the Seattle-based company that allows users to download audio and video with little delay even over ordinary phone lines. ''This highlights the growing use of RealAudio and RealVideo and streaming media in general across the Web, and that's something we see accelerating,'' he said. He said about 100,000 people download the company's free RealPlayer software every day, and the company estimates it has an active installed base of 20 million users. That my fellow RNWK investors is a lot of eyeballs and ears, and as you know, it's all about eyeballs. gggg Greg He also said about 85 percent of Internet sites that include audio or video user RealNetworks software. RealNetworks went public on Nasdaq last November at $12.50, but in just the past three weeks its stock price has more than doubled to its current level of just under $37. ''In general there's been a lot of visibility to the category,'' Goodwin said. Reut10:33 04-07-98