In Other News: RealNetworks Lays Off About 10 Employees In Music Division: Confirmed
By Rafat Ali - Fri 01 Feb 2008 12:30 PM PST
Updated: Has been confirmed by RealNetworks (NSDQ: RNWK) music PR...offices affected are Seattle, New York and San Francisco. These layoffs happened two weeks ago, and affects about 10 people, not 20 as we reported earlier.
Original post: In other non MSFT-YHOO news but staying in the Seattle-Silicon Valley combine, RealNetworks’s music service Rhapsody is laying off 24 10 employees today from its Bay Area offices (that’s where Rhapsody is based), reports SF Weekly, citing sources. If true, that is not a surprise considering RNWK is in the process of merging its music service with MTV Networks’ (NYSE: VIA) Urge music service to form Rhapsody America.
Posted in: Companies, RNWK, Viacom, MTVN, Entertainment, Music
