Ina Fried

Recent Posts by Ina Fried

RealNetworks Sells Video Codec and a Bunch of Patents to Intel for $120 Million

RealNetworks said on Thursday that it has sold a big chunk of it patent portfolio and its next-generation video codec to Intel for $120 million in cash. The Seattle company said it retains the rights to use the technology, so it doesn’t see an impact on its operating plans.


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Just as the atom bomb was the weapon that was supposed to render war obsolete, the Internet seems like capitalism’s ultimate feat of self-destructive genius, an economic doomsday device rendering it impossible for anyone to ever make a profit off anything again. It’s especially hopeless for those whose work is easily digitized and accessed free of charge.

— Author Tim Kreider on not getting paid for one’s work