hi5 Expands Its Social Entertainment Offering With Downloadable Games From RealNetworks
SAN FRANCISCO, CA, Jul 14 (MARKET WIRE) --
hi5, the leading social entertainment website, expanded its successful
online games offering today with the launch of an extensive downloadable
games portal, powered by RealNetworks(R), Inc. Distributing over 1,500
RealGames titles, the deal creates a new revenue stream for hi5 while
expanding Real's global distribution reach.
hi5 users can download popular games from among nearly 20 different gaming
genres. The catalog includes popular titles from leading publishers,
ranging from classic casual games to core gaming hits. Prices are
determined by the game publisher and range from free trial versions of
select games to more than $50.00 per title. hi5's downloadable games store
is live today on www.hi5.com.
"Adding downloadable games expands our overall value proposition to gamers
and presents a promising new revenue stream for our social entertainment
business," said Ramu Yalamanchi, founder and chief product officer of hi5.
"This partnership allows us to address a broader range of entertainment
interests for our millions of active users, from casual gamers to core
gamers, with many of the top PC game titles."
Initially launched in February 2009, hi5 Games has rapidly become one of
the most popular areas of the hi5 site -- driving over 3 million game
plays per day. In just five months, hi5 Games has grown to nearly 5
million monthly unique visitors, which, if it were a stand-alone site,
would already place it among the top 50 online gaming sites.
The entry of hi5 into the downloadable games category complements the
company's existing online gaming channel, hi5 Games, located at
http://games.hi5.com. The popularity of these gaming categories -- online
games and downloadable games -- have been largely responsible for the
resurgence of the PC as the leading platform for games, ahead of all three
major game consoles combined. According to gaming analyst firm DFC
Intelligence, PC online game revenue, not including retail sale, is
projected to grow from $7 billion in 2007 to $19 billion by 2013.
About hi5 Networks
Headquartered in San Francisco, hi5 is one of the world's largest and
fastest growing social entertainment sites. Our focus is on delivering a
fun, interactive, and immersive social experience online to our users
around the world. With over 60 million unique visitors every month, hi5 is
a top 20 website globally and the number one social site in dozens of
countries across Latin America, Europe, and Asia. The service is available
in over 50 languages, delivering localized content, games and other
applications to users worldwide. For more information on hi5, visit
http://www.hi5.com
RealNetworks and RealGames are trademarks or registered trademarks of
RealNetworks, Inc. or its subsidiaries. All other copyrights, trademarks
and registered trademarks are the property of their respective owners. All
rights reserved.
Contact:
Shelley Risk for hi5
The Horn Group for hi5
Email Contact
415-905-4037
Copyright 2009, Market Wire, All rights reserved.
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