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SEATTLE, July 26, 2004 - RealNetworks®, Inc. (Nasdaq: RNWK), the leading creator of digital media services and software, today announced that it added 100,000 subscribers to its premium digital music services in the second quarter
(ending June 30, 2004). With these additional customers, RealNetworks continues to be the clear leader in music subscriptions, with more than 550,000 paying subscribers for its premium digital music services, including the award-winning
Rhapsody® Internet jukebox service and RadioPassT.
"Every month, more consumers are signing up for our music services and
singing their praises," said Rob Glaser, founder and CEO, RealNetworks,
Inc. "The second quarter's growth underscores our status as the leader
in the music subscription category."
RealNetworks' digital music subscription services include RadioPass, a commercial
free Internet radio service, and Rhapsody, the critically acclaimed on-demand
music service. For $9.95 per month, Rhapsody delivers unlimited access to a
broad library of major and independent label music, with more than 725,000 songs
available for on-demand streaming and more than 650,000 songs available for
purchase at the industry-low price of 79¢ per song. In addition to streaming
any of the music as much as they want, Rhapsody subscribers can burn full albums
or custom mix CDs, build their own custom Internet radio stations, listen to
professionally programmed, commercial-free stations, and browse extensive music
information and editorial recommendations to help them find more of the music
they like.
About RealNetworks
RealNetworks, Inc. is the leading creator of digital media services and software
including the award-winning Rhapsody Internet jukebox service and RealPlayer
10, the first product to integrate finding, organizing, buying, playing and
managing digital audio and video in a single product. Consumers can access and
experience audio/video programming and download RealNetworks' consumer software
at http://www.real.com. Broadcasters, network
operators, media companies and enterprises use RealNetworks' products and services
to create and deliver digital media to PCs, mobile phones and consumer electronics
devices. RealNetworks' corporate information is located at http://www.realnetworks.com
Legal Notice Regarding Forward-Looking Statements: This release may contain
forward-looking statements regarding RealNetworks' ability to sign up new music
subscribers and their usage of the RealNetworks' music services. Actual results
could differ materially from those projected in such forward-looking statements.
Additional information concerning factors that could cause our actual results
to differ materially from those contained in the forward-looking statements
can be found in RealNetworks' filings with the Securities and Exchange Commission
("SEC"), including but not limited to the most recent reports on Forms
10-Q and 10-K, which identify important risk factors that could cause actual
results to differ from those contained in the forward-looking statements. Copies
of filings made with the SEC are available through the SEC's electronic data
gather analysis and retrieval system (EDGAR) at www.sec.gov.
RealNetworks assumes no obligation to update the forward-looking statements
included in this document.
RealNetworks, RadioPass, RealPlayer, and Rhapsody are trademarks or registered
trademarks of RealNetworks, Inc. All other trademarks are the property of their
respective owners.
Related: Music Station
