With this $460 million cash bounty, RealNetworks now has about $820 million in cash on its balance sheet. What does it plan to do? One, as this WSJ story says, would be to price and market Rhapsody music service aggressively and compete against Apple and Yahoo.
Secondly, acquisitions. The company has already done some good acquisition in the gaming (especially mobile) space over the last year or so, and I expect them to do some more soon.
Third, related to the second, I expect them to make some heavy investments on the mobile content side, both on technology and on content development.
Subscriber content
?
Subscriber content comes from Gigaom Research, bridging the gap between breaking news and long-tail research. Visit any of our reports to learn more and subscribe.
Advertisement
Advertisement
Advertisement
Comments have been disabled for this post