RealNetworks Halves Music Prices, Sees Wider Loss
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RealNetworks Inc. on Tuesday halved prices for songs downloaded from its online music store to win customers for new technology that has rankled rival Apple Computer Inc.
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RealNetworks says it sold more than three million tracks thanks to an aggressive three-week price promotion in the US. The company halved the cost of tracks to 49 cents in mid-August to try to tempt consumers away from Apple&#39;s iTunes music store.
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RealNetworks Goes After iPod With Price War  RealNetworks on Tuesday halved the prices for downloaded songs to $0.49  to win customers away from Apple Computer's iPod craze. RealNetworks has recently launched its "Harmony" technology which makes its song downloads compatible with Apple's iPod technology. Apple currently has a firm grasp ...
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Warner Music Group, the world's  third-largest music company, on Wednesday posted a net loss in  its key December quarter, hurt by weak recorded music sales and  costs related to a high-end concert promoter it purchased last  May.
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The company ended its temporary promotion that saw it slash the price of its downloadable songs to 49 cents. The company launched the promotion last month to compete with Apple&#39;s iTunes service, the market leader.
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One week after the announcement of significant price reductions, the Real Networks is already able to show impressive results. Since they began selling music for US$0.
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MacCentral - RealNetworks will tout its new Windows-only Harmony technology, which allows files from its music store to be played on Apple's iPod, in a series of print, radio and online advertising, the company said in a statement on Tuesday. In addition, Real will hold what it calls the biggest music sale in history selling songs for US&#36;0.49 and albums for &#36;4.99.
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Apple&#39;s most recent firmware update for the iPod, released last month, breaks Real Network&#39;s Harmony technology, which enable songs bought from Real&#39;s online store to be played on the device.
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RealNetworks has kicked off what it claims is the biggest online music sale in history. For a limited time, every song in the firm&#39;s RealPlayer Music Store can be downloaded for 49 cents, with most albums available for $4.99.
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RealNetworks Inc.'s shares rose more than 20 percent Monday after a published report touted the company's subscription music offering.
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MTV Networks said it would fold its floundering digital music service into a venture with RealNetworks, owner of the Rhapsody music subscription service.
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NEW YORK - This is how serious the competition for digital music customers has become: RealNetworks will widen its losses in the hope of upgrading users to its premium subscription service.
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If you go by the headlines alone, it sounds like RealNetworks (Nasdaq: RNWK) is about to embark on a heady money-losing venture as it halves prices for its music download service Harmony, looking to take a bite out of Apple ...
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Interested in subscribing to music, instead of buying one song at a time? Unfortunately, Real Network's alternative to iTunes -- the Rhapsody subscription service -- is not music to the ears. Commentary by Leander Kahney.
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RealNetworks, which kicked off the Internet&#39;s first digital music price war by selling songs at half-price, ends the sale on Thursday but will continue selling top-10 singles as 49-cent loss leaders.
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Hundreds of US net radio stations face potential closure from Monday when a new royalty fee begins.
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Blog: Large Webcasters and the music industry are butting heads over a compromise to heightened fees that would require Net radio operators to implement anti-streamripping technology.