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Realnetworks Inc - Early Development, 1994-1996, Offerings Expand To Include Video, 1997, Rapid Growth And Development, 1998-2001

Headquartered in Seattle, Washington, RealNet-works Inc. offers Internet media delivery software and services. Its products allow computer users to send, receive, and view streaming media, including movie and video clips and audio programming, such as Internet radio broadcasts. In the early 2000s, RealNetworks offered several widely used software products including different versions of RealJukebox, which allowed users to record CD-and near-CD-quality versions of their own music onto PCs, and RealPlayer for playing streaming media via the Internet. In addition to offering products to individual users, RealNetworks also provided its products and services on an enterprise basis to large companies, schools, and government agencies for a variety of purposes including marketing, corporate communications, distance learning and training, investor relations, and customer service. According to Hoover's Online, more than half of RealNetworks' revenue comes from licensing fees consumers pay to receive premium versions of the company's software; basic versions are offered free of charge. RealNetworks CEO Robert Glaser holds a 35-percent stake in the firm.

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