Rhapsody hopes to move in to the black in the final two quarters of this year, after turning around subscriber decline following its spinout from RealNetworks (NSDQ: RNWK) and Viacom (NYSE: VIA) largely thanks to uptake of its mobile service, the company’s chief product office Brendan Benzing tells paidContent.

RealNetworks (NSDQ: RNWK) CEO Bob Kimball, who replaced long-time CEO Rob Glaser just over a year ago and has been aggressively restructuring the company ever since, has resigned in a move that throws the company’s turnaround plans up in the air.

Since taking over as RealNetworks’ CEO in January, Bob Kimball has presided over an aggressive restructuring. He has led two rounds of layoffs, spun off the company’s Rhapsody music service, and focused resources on two of the company’s long-standing businesses—its software-as-a-service business for carriers and RealPlayer.

It’s been three years since I started working at mocoNews. In that time—I turned my living room into an office, which I sentimentally call mocoNews World Headquarters—I’ve written nearly 3,000 posts, and I’ve met so many people—some of whom had million-dollar ideas and others who were destined to fail. I’ve…

Today, RealNetworks (NSDQ: RNWK) has relaunched one of its oldies, but goodies: The RealPlayer. The new media player is in line with the Seattle company’s objective to make its current products more attractive as it beefs up its essentially nonexistent pipeline. To that end, the latest version of the RealPlayer…

RealNetworks (NSDQ: RNWK) conducted a deep reorganization in the second quarter that led to the elimination of 85 jobs, including 25 percent of the company’s execs. Today, it announced that the changes are largely complete and is busy trying to increase revenues of current products, and trying to beef up…

Rob Glaser has landed at his next gig, relatively quickly. He is joining one of the bluechip VC firms Accel Partners, as a Venture Partner, focusing on digital media technology, social media, and mobile service investments. He will remain at his homebase in Seattle, and will surely be looking at…

RealNetworks (NSDQ: RNWK), which is in the midst of a major reorganization of its business, posted another down quarter, with revenue off nine percent to $128.6 million. The company did however swing to a profit of $3.2 million, or 5 cents a share, compared to a net loss of $12.1…

		EPS*	Rev. vs Q0109	Net Inc. vs Q0109
RNWK	Release		9%	N/A%

* vs. Analysts' Estimates: Beat Met Missed

Newly independent Rhapsody is giving its iPhone app some bragging rights with an update that lets subscribers listen to tracks even when they’re not online. Users will now be able to download their Rhapsody playlists to their phones; by June, Rhapsody says it will add functionality so users can download…

RealNetworks (NSDQ: RNWK) is rolling out a new mobile video service that will help entertainment and wireless companies tap into consumers’ increasing demand for watching video on the go. As networks and devices get better, users want to watch news, sports and other video content on their phone. But getting…

In Rob Glaser’s first public appearance since stepping down as CEO of RealNetworks (NSDQ: RNWK), he implored that it is incumbent upon companies to work together in order for the wireless sector to continue its break-neck pace of innovation. Glaser did not hint at what he might do next, but…

Lots of strong words from RealNetworks (NSDQ: RNWK) interim CEO Bob Kimball during the company’s earnings call. Kimball unveiled a new strategy for RealNetworks which will revolve around two of the company’s businesses—RealPlayer and its software as a service business for carriers. Kimball says that both of those businesses have…

RealNetworks (NSDQ: RNWK), which is in the midst of a torrent of structural and management changes, posted a five percent drop in revenue during the quarter. Revenue fell to $145.5 million, while the company posted a net loss of $13.3 million (11 cents per share), an improvement from the company’s…

		EPS*	Rev. vs Q0408	Net Inc. vs Q0408
Real Networks	Release		5%	94.5%

* vs. Analysts' Estimates: Beat Met Missed

Sprint is taking some another step to up its game in mobile content. A day after saying it would launch an app store powered by GetJar, the mobile operator today announced a deal with RealNetworks (NSDQ: RNWK) to streamline its music services. The deal will see Sprint (NYSE: S) using…

The groundwork has already been laid and now it’s official: RealNetworks (NSDQ: RNWK) is spinning off music service Rhapsody in the hopes of giving both companies a better chance at success. Real will reduce its interest in the Rhapsody America joint venture to below 50 percent to match Viacom’s, giving…

A shocker but a move five years too late: Rob Glaser, the founder and CEO of RealNetworks (NSDQ: RNWK), is stepping down as the leader of the company after 16 years. The pioneering online video company has appointed Robert Kimball, who till now was the corp EVP, as president and…

RealNetworks’ Chief Operating Officer John Giamatteo will resign effective April 2, the company said today in an SEC filing. No reason was given for his departure, but in a statement, Chairman and CEO Rob Glaser said: “John has been an excellent executive at Real for more than four years. Among…

RealNetworks (NSDQ: RNWK) has made a small acquisition, buying up mobile phone startup Varia Mobile, we have confirmed with the company; TechFlash broke the news earlier today. Varia says its technology “provides immediate publishing, integration and deployment of Web 2.0 desktop services directly to mobile devices.” As an example, it…

The long-standing legal spat between RealNetworks (NSDQ: RNWK) and VeriSign (NSDQ: VRSN) over a mobile messaging partnership the two companies brokered back in 2001 has been resolved—and not in the way that was originally expected. According to a newly-filed 8K, the original arbitration ruling in VeriSign’s favor has been overturned,…