Ownership Submission
FORM 3
 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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(Print or Type Responses)
1. Name and Address of Reporting Person *
  Williams Robert John
 2. Date of Event Requiring Statement (Month/Day/Year)
08/16/2007		 3. Issuer Name and Ticker or Trading Symbol
REALNETWORKS INC [RNWK]
(Last)
(First)
(Middle)
2601 ELLIOTT AVENUE, SUITE 1000		 4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
__X__ Officer (give title below) _____ Other (specify below)
Sr. VP, Music Products
 5. If Amendment, Date Original Filed(Month/Day/Year)
(Street)

SEATTLE, WA 98121		 6. Individual or Joint/Group Filing(Check Applicable Line)
_X_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
(City)
(State)
(Zip)
Table I - Non-Derivative Securities Beneficially Owned
1.Title of Security
(Instr. 4)		 2. Amount of Securities Beneficially Owned
(Instr. 4)		 3. Ownership Form: Direct (D) or Indirect (I)
(Instr. 5)		 4. Nature of Indirect Beneficial Ownership
(Instr. 5)

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. SEC 1473 (7-02)
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Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 4)		 2. Date Exercisable and Expiration Date
(Month/Day/Year)		 3. Title and Amount of Securities Underlying Derivative Security
(Instr. 4)		 4. Conversion or Exercise Price of Derivative Security 5. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 5)		 6. Nature of Indirect Beneficial Ownership
(Instr. 5)
Date Exercisable Expiration Date Title Amount or Number of Shares
Employee Stock Option (Right to Buy) 07/08/2005(1) 07/05/2012 Common Stock 100,000 $ 5 D  
Employee Stock Option (Right to Buy) 03/15/2006(2) 03/15/2013 Common Stock 20,000 $ 8.27 D  
Employee Stock Option (Right to Buy) 11/09/2006(3) 11/09/2013 Common Stock 50,000 $ 11.38 D  
Employee Stock Option (Right to Buy) 04/06/2007(4) 04/06/2014 Common Stock 135,000 $ 7.69 D  
Employee Stock Option (Right to Buy) 08/16/2007(5) 08/16/2014 Common Stock 70,000 $ 5.65 D  

Reporting Owners

Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Williams Robert John
2601 ELLIOTT AVENUE
SUITE 1000
SEATTLE, WA 98121		       Sr. VP, Music Products  

Signatures

/s/ Robert J. Williams 08/21/2007
**Signature of Reporting Person Date

Explanation of Responses:

* If the form is filed by more than one reporting person, see Instruction 5(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1) 20% of the options became vested on 07/05/2006, and an additional 10% of the options vest upon the completion of each successive six months of employment until the options become fully vested on 07/05/2010.
(2) 12.5% of the options became vested on 07/01/2006, and an additional 12.5% of the options vest upon the completion of each successive six months of employment until the options become fully vested on 01/01/2010.
(3) 12.5% of the options became vested on 05/09/2007, and an additional 12.5% of the options vest upon the completion of each successive six months of employment until the options become fully vested on 11/09/2010.
(4) 12.5% of the options will vest on 10/06/07, and an additional 12.5% of the options vest upon the completion of each successive six months of employment until the options become fully vested on 04/06/2011.
(5) 12.5% of the options will become vested on 2/16/08, and an additional 12.5% of the options will vest upon the completion of each successive six months of employment thereafter until the options become fully vested on 8/16/2011.

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