Real's Casual Games Business Generates $34 Million in Q3, Gets New President - Video Game News, Video Game Coverage, Video Game Updates, PC Game News, PC Game Coverage - GameDaily

Good sign for Casual games, and no surprise that other areas of the company are struggling, they are involved in music via rhapsody and media via various arms including the famous real player. Fact is Apple and others are doing a better job. A smart move to turn things around would be to leverage their position in games and offer some slick cross platform tie ins to the games. People who buy games buy music make things easy for them.....

Come on your in a great position USE IT!

RealNetworks today announced its third-quarter fiscal results for the period ended September 30. Overall revenue grew five percent to $152 million, but the company did experience a net loss of $4.5 million. From a game industry perspective, Real's sales boost was largely attributable to its games division, which grew 19 percent to post revenue of $34.2 million.

Regarding its casual games, the company noted that 'growth was primarily driven by revenue from our acquisition of Trymedia in the second quarter of this year, and continued strength in subscription revenue.' Real added that it continues to believe that 'the casual games category is a strong and vibrant business with great growth potential, and we remain very optimistic about the future of our games business.'"