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 <title>RealNetworks will announce an agreement to buy Scrabulous</title>
 <link>http://www.theindustrystandard.com/predictions/realnetworks-will-announce-agreement-buy-scrabulous</link>
 <description>&lt;!--paging_filter--&gt;&lt;p&gt;Update:This did not occur by the closing date, which the community correctly predicted. --The Industry Standard&lt;/p&gt;
&lt;p&gt;Om over at GigaOm &lt;a href=&quot;http://gigaom.com/2008/03/02/will-realnetworks-buy-scrabulous/&quot; target=&quot;_blank&quot;&gt;has the scoop&lt;/a&gt; that RealNetworks might buy Scrabulous in the near future. &lt;/p&gt;
&lt;p&gt;Bill Hankes, VP of Corporate Communications at RealNetworks told Om in an e-mail that since Real has licenses from both Hasbro and Mattel, “we are in a unique position to bring all the parties together in an effort to preserve the Scrabble experience for millions of Scrabulous fans.”&lt;/p&gt;
&lt;p&gt;Scrabulous was created by by Rajat and Jayant Agarwalla, two brothers living in Calcutta. They were recently the subject of a &lt;a href=&quot;http://www.nytimes.com/2008/03/02/business/02game.html?_r=1&amp;amp;oref=slogin&quot; target=&quot;_blank&quot;&gt;NYT profile&lt;/a&gt; over the weekend. The application is bringing in approximately $25K/day in advertising revenue.&lt;/p&gt;
&lt;p&gt;This is a prediction that RealNetworks will announce an agreement to buy Scrabulous.  It will be judged on Friday, March 7th.&lt;/p&gt;
&lt;p&gt;UPDATE: EA recently released a version of &lt;a href=&quot;http://www.ilounge.com/index.php/ipod/review/electronic-arts-scrabble/&quot; target=&quot;_blank&quot;&gt;Scrabble for the iPod&lt;/a&gt;. &lt;/p&gt;
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 <comments>http://www.theindustrystandard.com/predictions/realnetworks-will-announce-agreement-buy-scrabulous#comments</comments>
 <category domain="http://www.theindustrystandard.com/taxonomy/term/1563">Mergers &amp;amp; acquisitions</category>
 <category domain="http://www.theindustrystandard.com/taxonomy/term/5664">Mergers &amp;amp; Acquisitions</category>
 <category domain="http://www.theindustrystandard.com/taxonomy/term/3059">RealNetworks</category>
 <category domain="http://www.theindustrystandard.com/taxonomy/term/3060">Scrabulous</category>
 <pubDate>Sun, 02 Mar 2008 21:01:29 -0800</pubDate>
 <dc:creator>The Standard</dc:creator>
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