RealNetworks names president of consumer media

RealNetworks, Inc. (NASDAQ: RNWK) has named media industry veteran Bill Patrizio as president of consumer media, the company said.

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. He will also be responsible for the global rollout and marketing of Real´s new RealMedia HD codec technology.

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 UK.

RealNetworks, Inc. creates innovative products and services that connect people with digital media, both directly and through partners, aiming to support every network, device, media type and social network.