Microsoft settles with RealNetworks for $761 million
updated 03:10 pm EDT, Tue October 11, 2005
Microsoft settles lawsuit
Microsoft today said it will , one of Apple's major online music competitors, to settle an antitrust suit regarding Microsoft's use of its dominance to promote its own media software. RealNetworks said Microsoft's decision to bundle Windows Media Player for free within the Windows operating system slowed sales at RealNetworks, according to a report from Reuters. Microsoft will pay RealNetworks $460 million in cash up front to resolve all damage claims, and RealNetworks will get licenses and commitments that give it long-term access to Windows Media technologies to enhance the Real Player software, according to the report. Microsoft has also vowed to promote the music and game subscription services of RealNetworks through the MSN internet network, and will earn credit against the remaining $301 million for subscriptions to Real from MSN, according to the report.



Senior User
Joined: Nov 1999
Hmmm…
I smell a rat…