Real invests in Listen.com

Written by Petteri Pyyny @ 26 Feb 2003 14:50

Listen.com told press today that streaming media giant RealNetworks has made a strategic minority investment in Listen.com.

The move might tell something about Real's faith in its existing investment in music subscription service MusicNet that competes directly with Listen.com's Rhapsody service.

This speculation is underlined by the fact that new version of MusicNet was launched today at AOL's web properties, but Real hasn't hinted will it even bother to update its own MusicNet service to the new version.

Source: News.com

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