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RealNetworks Appoints Bill Patrizio President Of Consumer MediaSEATTLE, Sept. 19, 2016 /PRNewswire/ -- RealNetworks, Inc. (NASDAQ: RNWK) today announced that media industry veteran Bill Patrizio has joined the company as President of Consumer Media. In his new role leading Real's Consumer Media business, Patrizio will be responsible for strategy and management of Real's PC RealPlayer group and its IP licensing business. Patrizio will also be responsible for the global rollout and marketing of Real's new RealMedia HD codec technology. Patrizio will be based in Seattle and report directly to CEO Rob Glaser. "I'm delighted that Bill is joining Real to lead our Consumer Media group," said Rob Glaser, Founder and CEO of RealNetworks. "Bill's extensive background at the intersection of media and technology, his track record for creating value, and his personal passion for digital media all make Bill a great addition to our senior leadership team." Patrizio joins RealNetworks from Opaka Partners, a consulting firm that he founded in 2013. Previously, Patrizio spent nearly four years as the chief executive officer of Red Bee Media, a digital media software and services company based in the U.K. The company was sold to Ericsson in May 2014. Prior to this, he was president of the broadcast services division of Technicolor SA. Patrizio also served as an executive at other media and consumer products companies including Disney, Universal Studios, Seagram, and Kellogg. "I've been watching RealNetworks since my days at Disney back i the late 90's and have always been impressed with the company's vision and pioneering spirit. I look forward to bringing my years of industry experience to this role to help the company continue to deliver compelling products that push boundaries and excite consumers," said Patrizio. Today's announcement marks another important step for RealNetworks as it strengthens its leadership positions following a reorganization in the first quarter of 2016, which breaks the business into three segments: Consumer Media, Mobile Services, and Games. About RealNetworks, Inc. RealNetworks and its respective logos are trademarks, registered trademarks, or service marks of RealNetworks. Other products and company names mentioned are the trademarks of their respective owners. Forward-Looking Statements
To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/realnetworks-appoints-bill-patrizio-president-of-consumer-media-300330334.html SOURCE RealNetworks, Inc. |