Reactions to story from paidContent.org
RealNetworks To Spin Off Its Game Business; May Do An IPO Of The New Company
http://www.paidcontent.org/ entry/ 419-breaking-realnetworks-to-spin-off-its-game-...
Here's a shocker: RealNetworks (NSDQ: RNWK) is finally doing the rationalization of its business lines: it will separate its global casual games business into an independent company and distribute shares of the newly created games company to its shareholders, it said. RealNetworks may precede the spin off with an IPO and sale of up to 20 percent of the shares of the new games company. This would happen by the end of this year, the company said. The rationale: It results in two "more flexible and focused companies.
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RealNetworks To Spin Off Its Game Business; Considering IPO
http://www.moconews.net/entry/419-realnetworks-to-spin-off-i...RealNetworks To Spin Off Its Game Business; Considering IPO By Tricia Duryee - Thu 08 May 2008 03:53 PM PST Rafat is reporting over on our sister site PaidContent.org that RealNetworks (NSDQ: RNWK) says it will spin-off its global casual games business
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Music News: Friday
http://www.crazedhits.com/2008/05/09/music-news-friday/TOP STORIES - MySpace goes viral in partnership with Yahoo, Twitter and others. Microsoft sends indie labels an unexpected “Zune Bonus” check DIGITAL NARM coverage: Day 1, Day 2 Is DRM dead? Some in the music industry think its poised for a comeback. UK trade group AIM has issued a Digital Copyright Manifesto. PLUS - RealNetworks shared first quarter financial reporting a decline in profit as operating expenses increased. Revenues for the quarter rose 14% in large part because of a $61M payment on an antitrust settlement from Microsoft. Real also announced plans to spin off and perhaps IPO its games division. (paidcontent) Live Nation reported a $35 million first quarter loss to Wall Street. (Billboard, press release pdf) Last.fm who signed a deal to power AOL Radio in the US last year is now doing the same in the U.K. France and Germany. This year’s class of music and music industry students are set to join an “industry in turmoil.” (Financial Times) Echonest has launched “Recommend”, an API that helps music services personalize their websites to each visitor’s unique music taste. Any music website - bloggers, social networks, Internet radio or retailers - can access the Recommend API in both free and paid versions. (press release) MORE @ HYPEBOT.COM
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links for 2008-05-09
http://sediment.semifat.net/entry/2008/05/links_for_20080509...Fishki.Net - Воплощение детских рисунков глазами фотографов (34 картинки) | Фишкина Картинка Children's drawings interpreted by photographers. (tags: photography drawing children whimsy) RealNetworks To Spin Off Its Game Business; May Do An IPO Of The New Company | paidContent.org (tags: business realnetworks casualgames spinoff) Is the Fashion Press to Blame? » Manolo's Shoe Blog 'much of that which is sent down the runway is unwearable by anyone other than the 14-year-old Belorussian anorexics, but the process of presenting such fantasy clothes does much to shape and reshape our perceptions of what is beautiful.' (tags: fashion discourse consumerism beauty)
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