SI
SI
discoversearch

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 : e.Digital Corporation(EDIG) - Embedded Digital Technology -- Ignore unavailable to you. Want to Upgrade?


To: bob who wrote (3502)5/2/1999 9:50:00 PM
From: SteelerStu  Read Replies (1) | Respond to of 18366
 
RealNetworks releases music software

Last Update: 7:34 PM ET May 2, 1999
NewsWatch

SEATTLE (AP) -- RealNetworks Inc., a leading maker of Internet audio
and video software, is expected to announce Monday a new product that
it and its partners hope will help tame the free-for-all of Web music.

RealJukebox will be the first complete digital music system for Internet
personal computers, officials at the Seattle company said. Among other
features, RealJukebox will allow users to load tracks from music CDs
onto a computer hard drive and to find and download the huge number of
tunes in MP3 and other formats now available over the Internet.

"RealJukebox is the biggest breakthrough in music
listening since the Walkman," said Rob Glaser,
RealNetworks (RNWK: news, msgs) chairman
and chief executive officer.

The product, a "beta" or test version of which is
available free from RealNetworks' Web site, is
being released amidst a flurry of deals with IBM
Corp., Thompson Multimedia and its RCA-brand
electronic products, and Amazon.com Inc., Tower
Records and 33 other Web merchants. Also on
board are some 60 musical groups and artists.

The MP3 format allows near-CD quality
recordings to be transmitted over the Internet, but
also has given rise to widespread piracy as people
trade unauthorized copies of tunes for free.

RealJukebox is designed to let music publishers,
artists and Web companies get a piece of the
action, by combining mass distribution with
software for copyright protection.

"RealNetworks is striking the right balance between responsibility and
being cool," said Chuck D of rap group Public Enemy in a statement.
"RealJukebox will drive the industry's transition to digital distribution faster
than vinyl to CDs."

Public Enemy is releasing a free song from a forthcoming album via
RealNetworks' Internet site for MP3 music, RealGuide for RealJukebox.
Others making music available through the site include Julian Lennon,
Randy Newman, The Offspring, George Clinton and the P-Funk All
Stars, and They Might Be Giants.

Other software exists to download MP3 files, and to convert music CDs
to computer files.

RealNetworks says its program combines those functions, plus it can
organize and retrieve music files by title, artist or category; handle a broad
spectrum of music formats; and convert files for use on portable digital
players like the Diamond Rio or Creative Nomad. It also allows a PC to
be plugged into stereo systems as a CD or MP3 player.

Working with the Internet partners and RealGuide, RealJukebox can
search out and display information about artists and albums and give
access to online music stores and record company promotions.

RealJukebox and its underlying software also maintain the "serial copyright
management system," a federally required implant into recorded products
to prevent their unauthorized copying, and will support a system being
developed to track and charge for downloaded music.

As with its other products, RealNetworks will give away the basic
consumer software at its Internet site (www.real.com), but will offer a
premium version with additional features for a price. It charges media
producers and distributors for their versions of the software, and also
makes money off the numerous marketing deals.

Digital music sales are now only a sliver of the $12 billion music industry,
but are expected to grow dramatically.

With fast, cheap PCs and "dirt-cheap hard drives," RealNetworks
foresees a huge market, said Dave Richards, RealNetworks' head of
consumer products. "There are very few speed bumps in the way."

RealNetworks' "streaming media" technology already is used by more
than 60 million people to play music, listen to radio and watch video over
the Web.

On April 13, RealNetworks said it would buy Xing Technology Corp. of
San Luis Obispo, Calif., maker of the AudioCatalyst MP3 software. That
product has been merged into RealJukebox.

Two days later, another key deal for the new product fell into place when
RealNetworks said it would integrate its technology with IBM's Electronic
Music Management System, which is used in the preparation of digital
music and other data to prevent unauthorized duplication. IBM's security
measures already have been adopted by major labels such as EMI, Sony
and Warner Music.

The RealNetworks-IBM effort challenges a rival product by Microsoft
Corp., which is pushing a different format for delivering music files over
the Internet.