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RealNetworks makes online music store a success

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On August 24, 2004, 2:05 PM EST

There were times back there when it looked like no one was going to make any cash at all from online music sales, at least nothing worth speaking of. After all, why should people bother when they can fire up Kazaa and download mp3s for free?

Well, looks like RealNetworks is making good on online music sales, with more than a million songs sold at its online music store, since it slashed its prices last week. Charging $0.49 per song, and $4.99 for most albums, RealNetworks are charging nearly half what their competitors are.

The lower prices are in part to promote usage of its new media player, RealPlayer 10.5, but also to help beat Apple, its main rival in the business.

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