Skip to main content

SuperPass Reaches 850K-Sub Mark

RealNetworks Inc.'s 'RealOne SuperPass' Internet subscription package added
100,000 subscribers in the third quarter to reach the 850,000 mark, the company
said in its quarterly earnings release.

Subscription revenue reached $21.4 million in the quarter, a 20 percent
increase over second-quarter 2002, while advertising revenue was up 5 percent
sequentially to $1.7 million.

Overall, the company posted quarterly revenue of $45.4 million and a net loss
of $35.4 million. Most of the net loss -- $30.8 million -- was related to
restructuring, severance and related costs, plus write-downs for certain
facilities, equity investments and net deferred-tax assets.