Real sells 3m tracks at a loss
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Media software firm RealNetworks says it sold more than three million tracks thanks to an aggressive three-week price promotion in the US.
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MCI Inc.&#39;s (MCIP.O: Quote, Profile, Research) quarterly loss ballooned to $3.4 billion as the No. 2 US long-distance company wrote down the value of its assets due to
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XM Satellite Radio Holdings said yesterday that its third-quarter loss widened 70 percent from a year earlier, as it continued to push for regulatory approval to merge with smaller rival Sirius Satellite Radio.
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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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- RealNetworks Inc. RNWK.O on Tuesday said it   agreed to acquire South Korea-based mobile music services   provider WiderThan Co. Ltd. WTHN.O in a cash tender offer for   $17.05 a share, or about $350 million.
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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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Losses ballooned to $207.3 million for the third quarter, driven by lower extended warranty sales and restructuring costs.
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EVP loses his E BEA Systems will restate almost a decade's worth of earnings to the tune of nearly $400m thanks to misallocation of stock to employees.â¦
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RMC, the troubled UK building materials group, was swallowed up for Â£2.3bn yesterday by the world&#39;s third-biggest cement producer, Cemex of Mexico.
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Sirius Satellite Radio Inc. reported a wider-than-anticipated loss in the third quarter as higher costs related to programming initiatives and customer acquisition offset revenue gains.
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RealNetworks Inc. is ending a temporary promotion that slashed the price of its downloadable songs to 49 cents, but bargain hunters will still be able to find some deals at its online music store.
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MCI (MCI), one of the nation&#39;s biggest long-distance operators, lost $3.4 billion in the third quarter because of a previously announced asset writedown of $3.
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The broadcast companyâs loss stemmed from write-downs, breakup costs and weak advertising sales.
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RealNetworks Inc. on Thursday said the three-week cut-rate promotion on its online music store garnered sales of more than 3 million songs.
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Real Network's iTunes Price Cutting Bags 1 Million Sales  Real Network's recent price cutting of iPod compatible song downloads may not be bringing profit to the company, but it is cutting into the iTunes market as well as carving their own song download market before Microsoft enters the picture. Real has ...
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Losses eat away at Comerica's Q3 results.
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Radio One yesterday restated its financials for 1999 through 2005, reducing profit by about $10.1 million because of inaccuracies in recording stock options in those years. The company also said it was increasing its 2006 loss by $246,000 for the same reason.