Some local tech tidbits today:
The Hollywood Reporter notes that RealNetworks’ share price is up 33 percent year over year.
It also marks a 108% gain in the past 52 weeks, making it the best-performing stock on The Hollywood Reporter/Bloomberg 50 Entertainment Stock Index in the past year.
The company’s main areas of focus – music, video and games – are super hot now, the article states. But some analysts aren’t too optimistic, saying that some well-heeled competitors are jumping into these areas as well and could dampen the company’s growth prospects. RealNetworks’ share price is down slightly today at last check.
Some heartening news for RealNetworks and competitors: Music download sales in the U.S. jumped by 77 percent in the first half of this year.
Online booksellers are worried that Amazon.com’s changes to its feedback system will shift the blame to them for things that are out of their control, like postal service delays.
Finally, the European Union may raise the cap on its daily fines for Microsoft to $3.82 million from $2.55 million. Expect more developments on the issue this week.