Rochester, NY 7/10/2009 1:51:05 AM
WhisperfromWallStreet.com Stock Report - RNWK - Best Buy and TiVo Get Cozier
RealNetworks Inc.,RNWK
WhisperfromWallStreet.com Stock Report - RNWK - Best Buy and TiVo Get Cozier
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RealNetworks Inc.,RNWK
Last Trade: 2.66
Day's Range: 2.63 - 2.73
52wk Range: 1.97 - 7.28
Volume: 392,798
If you think you saw TiVo (Nasdaq: TIVO) and Best Buy (NYSE: BBY) together at a trendy sushi hotspot, your eyes didn't deceive you. The two companies are entering a strategic alliance that, if press releases are ever to be believed, will "transform the digital home entertainment experience."
20.59 Up 0.22 (1.08%) 1:33PM ET
ABOUT THE COMPANY
RealNetworks, Inc. provides digital media services and software. The companys Music segment owns and manages digital music products and services designed to provide consumers with access to digital music. It offers Rhapsody, a subscription and advertising-supported music service that offers conditional downloads and on demand streaming services; Rhapsody.com, a Web-based version of digital music service; Rhapsody MP3 music store, which enables consumers to purchase and permanently download individual digital music tracks; RadioPass, an Internet radio subscription service; and RealMusic that offers Internet radio and other music content.
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