0001046327-14-000029.txt : 20140624 0001046327-14-000029.hdr.sgml : 20140624 20140610160622 ACCESSION NUMBER: 0001046327-14-000029 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20140610 ITEM INFORMATION: Other Events ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20140610 DATE AS OF CHANGE: 20140610 FILER: COMPANY DATA: COMPANY CONFORMED NAME: REALNETWORKS INC CENTRAL INDEX KEY: 0001046327 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-COMPUTER PROGRAMMING SERVICES [7371] IRS NUMBER: 911628146 STATE OF INCORPORATION: WA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-23137 FILM NUMBER: 14902144 BUSINESS ADDRESS: STREET 1: 1501 FIRST AVENUE SOUTH STREET 2: SUITE 600 CITY: SEATTLE STATE: WA ZIP: 98134 BUSINESS PHONE: 2066742700 MAIL ADDRESS: STREET 1: 1501 FIRST AVENUE SOUTH STREET 2: SUITE 600 CITY: SEATTLE STATE: WA ZIP: 98134 8-K 1 a8-kremulica.htm 8-K 8-K re Mulica


UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
 
FORM 8-K
 
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF
THE SECURITIES EXCHANGE ACT OF 1934
DATE OF REPORT (DATE OF EARLIEST EVENT REPORTED) June 10, 2014
 
RealNetworks, Inc.
(Exact name of registrant as specified in its charter)
 
 
 
 
 
 
 
Washington
 
000-23137
 
91-1628146
(State or other jurisdiction
of incorporation)
 
(Commission File Number)
 
(I.R.S. Employer
Identification No.)
1501 First Avenue South, Suite 600
Seattle, Washington 98134
(Address of principal executive offices) (Zip code)
(206) 674-2700
Registrant’s telephone number, including area code
Not Applicable
(Former name or former address if changed since last report)
 
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
 
¨
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
 
¨
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
 
¨
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
 
¨
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
 







Item 8.01. Other Events.

On June 10, 2014, RealNetworks, Inc. announced that Michael C. Mulica joined RealNetworks as President, Worldwide Sales and Business Development.
Mr. Mulica most recently served as President and Chief Executive Officer of Unwired Planet, Inc., a publicly traded intellectual property company focused on the mobile industry, from April 2012 to July 2013.  Prior to that, he was President and Chief Executive Officer of Openwave Systems Inc., a publicly traded software company, from October 2011 until its restructuring as Unwired Planet in April 2012.  From June 2010 to July 2011, Mr. Mulica served as President and Head of Strategy and Corporate Development at Synchronoss Technologies, Inc., a publicly traded provider of transaction management, cloud enablement and mobile connectivity services for connected devices. From December 2007 until June 2010, he served as the Chairman and Chief Executive Officer of FusionOne, Inc., a leader in mobile content portability which was acquired by Synchronoss in June 2010.  From August 2003 until December 2007, he served as the Chairman and Chief Executive Officer of BridgePort Networks, a leader in mobile-to-Voice-Over-IP.  Previously, he served as Senior Vice President of Worldwide Sales, Consulting and Support at Phone.com from October 1999 until its merger with Software.com in November 2000, which resulted in the formation of Openwave Systems where he then assumed the position of Senior Vice President of Worldwide Customer Operations until 2003.   Mr. Mulica served on the board of directors of Openwave Systems and Unwired Planet from October 2011 to April 2014.  He currently serves on the board of directors of several privately held companies, including Vinja, since April 2014; Rhapsody International, since July 2013; and Device Cloud Networks, since February 2013.   Mr. Mulica holds an M.B.A. from the Kellogg Graduate School of Management at Northwestern University, a B.S. in Business from Marquette University, and a Graduate Certificate in International Business from the Copenhagen Business School.
Forward-Looking Statements: The exhibit to this Form 8-K contains forward-looking statements that involve risks and uncertainties, including statements relating to management roles and RealNetworks’ plans and expectations regarding its RealPlayer and Mobile Entertainment businesses. All statements that do not relate to matters of historical fact should be considered forward-looking statements. Actual outcomes may differ materially from expectations. Factors that could cause actual results to differ from those predicted include, but are not limited to, growth and other benefits from the implementation of the company’s strategic initiatives; competitive risks, such as the emergence or growth of competing technologies, products and services; and risks associated with key customer or strategic relationships, business acquisitions and the introduction of new products and services. More information about potential risk factors that could affect RealNetworks’ business and financial results is included in RealNetworks’ annual report on Form 10-K for the most recent year ended December 31, its quarterly reports on Form 10-Q and in other reports and documents filed by RealNetworks from time to time with the Securities and Exchange Commission. The company assumes no obligation to update any forward-looking statements or information
Item 9.01. Financial Statements and Exhibits.
(d) Exhibits.
Pursuant to the rules and regulations of the SEC, the attached exhibits are deemed to have been furnished to, but not filed with, the SEC.

 
 
 
Exhibit No.
 
Description
 
 
99.1
 
Press Release of RealNetworks, Inc. dated June 10, 2014.
 
 

    


SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
 
 
 
 
REALNETWORKS, INC.
 
 
By:
 
/s/ Michael Parham
 
 
Michael Parham
 
 
Senior Vice President, General Counsel and Secretary
Dated: June 10, 2014

    


EXHIBIT INDEX
 
Exhibit No.
 



99.1

 

Press Release of RealNetworks, Inc. dated June 10, 2014.



    
EX-99.1 2 a10june2014release.htm EXHIBIT 10 June 2014 Release




Media Contact:
Esther Hallmeyer
SHIFT Communications
415-591-8439
real@shiftcomm.com
 


 



REALNETWORKS HIRES MIKE MULICA TO BE
PRESIDENT OF WORLDWIDE SALES AND BUSINESS DEVELOPMENT;
APPOINTS MAX PELLEGRINI TO NEW ROLE AS
PRESIDENT OF PRODUCTS AND MARKETING

SEATTLE, June 10, 2014 – RealNetworks, Inc. (NASDAQ: RNWK) today announced that highly regarded mobile industry executive Mike Mulica, former CEO of Openwave, has joined the company as President of Worldwide Sales and Business Development. In this new role, Mulica will oversee sales, business development, and partnerships at Real.

“Mike is a world-class executive who has built and run major mobile internet businesses at a series of leading globally focused public and venture-backed companies,” said Rob Glaser, Founder and Interim CEO at RealNetworks. “Mike’s depth in the mobile business ecosystem is unsurpassed in the industry, and I’m sure he will have a very significant impact as we take Real’s turnaround into its next phase.”

“I’m thrilled to join RealNetworks in the midst of a rapidly evolving and forward-thinking time for both the company and the mobile industry,” said Mulica. “RealNetworks has heavily invested in compelling consumer and carrier-focused mobile products and services, laying the groundwork to establish the company as an important innovation platform globally.”

In the context of Mike joining the company, RealNetworks will be bringing together its two largest divisions, Mobile Entertainment and the RealPlayer® Group, under a common management team. Max Pellegrini, currently President of RealNetworks’ Mobile Entertainment division, will move into a new role as President of Products and Marketing at RealNetworks, focused on the combined mobile entertainment and RealPlayer product lines.

“In 2013, we revitalized Real’s product line with innovative products such as RealPlayer Cloud and LISTEN™,” Glaser continued. “As we move into our next phase of our turnaround, there are great opportunities for marketing, sales, and business leverage across all of our Mobile Entertainment and Cloud Products. Teaming up Max and Mike in this new structure sets us up to take the best advantage of this leverage.”

Both Pellegrini and Mulica will report directly to Glaser. These organizational and leadership changes do not impact the rest of Real’s organizational structure or senior leadership team, or how Real plans to report its 2014 financial results.


-MORE-





In the first quarter of 2014, RealNetworks continued the global rollout out of RealPlayer Cloud, a platform-agnostic cloud service for consumers that allows its more than 2 million users to store their videos, and play them on and share them to any device. Additionally, RealNetworks’ Mobile Entertainment division launched LISTEN™ in the U.S. for T-Mobile subscribers, the first direct-to-consumer RingBack Tone (RBT) app.

About RealNetworks, Inc.
RealNetworks creates innovative products and services that make it easy for people to connect with and enjoy digital media. RealNetworks invented the streaming media category and continues to connect consumers with their digital media both directly and through partners, aiming to support every network, device, media type, and social network. Find RealNetworks corporate information at www.realnetworks.com.

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.

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