Earnings: RealNetworks Has Weak Q4; Music, Games Are Bright Spots

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RealNetworks (NSDQ: RNWK) lowered its fourth quarter expectations about two weeks ago, so today

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i suspect that the uptick in rhapsody subscriptions is mostly in the $14.99/mo tier, due to the fact that mobile is included. That means syncing w/ your own user created playlists, updated artist/decade/genre channel song rotations (which are an amazing source of music discovery). Couple the fact that Rhapsody is now in your Verizon VCast phone, TiVO home entertainment, sonos and squeezebox for home music in every room, the tide turning toward subscription over a la carte as the music industry struggles to evolve toward completely digital delivery. Long live Rhapsody and the album format! (no extra charge to find the hidden gems)

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