RealNetworks looking for tie in with Google

Also finally announces it's back in the black

RealNetworks has pulled itself back into profitability, with the company behind RealPlayer back in the black, and it looking for a new tie-in with Google.

Although the $1.5 million profit will not be setting the stock exchange ablaze, it represents a significant improvement on the $4.5 million loss at the same stage last year.


Aside from the widely derided RealPlayer, RealNetworks is looking to continue its positive movement into new markets – such as an iPhone app and a partnership with Google to be part of its forthcoming music search service.

"We're very excited about the strategic impact of the new initiatives and the consumer uptake, but we think the monetization of these new initiatives will take a while to ramp up," said Chief Executive Rob Glaser.

But it's not all good news, with the company expecting a fall in the final quarter of the year because of flat software sales.


Global Editor-in-Chief

Patrick (Twitter) is Global Editor-in-Chief for techradar, and has been with the site since its launch in 2008. He is a longstanding judge of the T3 Awards, been quoted or seen on everything from the The Sun to Sky News and is on the #CoolBrands Council. He started his career in football, making him one of approximately one journalists to have covered both a World Cup final and an iPhone launch.