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April 17, 2002
How does Real make <em>any</em> money?
RealNetworks Returns to Net Profitability. SEATTLE (Reuters) - RealNetworks Inc. (RNWK.O) on Tuesday posted a quarterly net profit for the first time in more than two years as the Internet media software and services pioneer built momentum behind its consumer subscription business. By Reuters. [New York Times: Technology]
I'm sorry, but I wish Real would drop off the face of the Earth. Buy it's the only streaming video player for linux you scream. Yeah, and everyone using linux thinks it sucks and wishes Real would drop off the face of the Earth. Okay, mabye not all of them, but I'm sure most of them ;-)
It looks like their first step was the rebrand their hunk of crap player as RealOne and then start charging a subscription fee. I can see how this would bring in some cash, since you get money from people every month simply because they are too lazy to cancel their subscription. I know because I've done this. Been too lazy, not fleece money from lazy people.
Posted by pberry at April 17, 2002 01:53 PM