Global Media Corp. and RealNetworks Form Strategic Partnership for Enhanced Streaming Experience

Strategic Insights -

Global Media Corp., an Internet company focused on providing e-commerce and streaming tools for media and entertainment companies, has been selected by RealNetworks to be a primary partner on Real.com Take 5, a daily news and entertainment showcase of the best audio and video on the Web. This partnership positions Global Media as a prominent advertising, distribution, and hosting customer of RealNetworks, leveraging the extensive audience base of RealPlayer 7. The collaboration enables Global Media to reach a significantly wider audience with their e-commerce solutions and advanced audio and video experience.

Key Takeaways:

  • Global Media Corp. has partnered with RealNetworks to be a primary partner on Real.com Take 5, a daily news and entertainment showcase of the best audio and video on the Web.
  • The partnership positions Global Media as a prominent advertising, distribution, and hosting customer of RealNetworks, leveraging the extensive audience base of RealPlayer 7.
  • Global Media will have a significantly wider audience access to their e-commerce solutions and advanced audio and video experience through this partnership.
  • The company will be hosting all of its streaming media content through the Real Broadcast Network, a full-service stream hosting solution.
  • Global Media will offer 10 genre-based Internet radio stations accessible directly through the Live Stations tab on the new RealPlayer 7.
  • The Global Media Service is built using the rich media capabilities of RealSystem G2, a Web-enabled SMIL application that enables users to organize, listen, and view streaming media programming over the Internet.

Statistics:

  • As of October 1999, there are more than 85 million unique users of RealPlayer.
  • More than 85% of all streaming media Web pages on the Internet use industry-leading RealAudio, RealVideo, RealFlash, RealText, or RealPix.
  • There are over 350,000 hours of live RealAudio and RealVideo programming available each week.

Sources:

  • RealNetworks continues to maintain a strong leadership share of the streaming media market (Source: Hotbot).
  • Global Media Corp. is a fully reporting issuer to the SEC and is listed in Standard and Poor's Corporation Records.
  • The Real.com Network features newly launched "best of the web" services including: Real.com Take 5; Channels; Live Stations; the new Real.com Message Service, delivering headline updates to viewers' desktops; RealJukebox; and RealPlayer 7, available for immediate free download at http://www.real.com.