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John Rogers Comments on RealNetworks Inc.

February 26, 2014 | About:

RealNetworks, Inc. (RNWK) — Based in Seattle, RealNetworks is best known for its RealPlayer media player software. The company has struggled in recent years, but we were attracted by the return of founder Rob Glaser to a company trading barely above its net cash and below our estimate of liquidation value. Since our initial purchase, the company has introduced RealPlayer Cloud, which along with other new products makes us confident that Mr. Glaser is likely to lead a successful turnaround.

From John Rogers (Trades, Portfolio)' Ariel Discovery Fund fourth quarter 2013 commentary.


Rating: 3.7/5 (3 votes)

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