RealNetworks’ RealPlayer, formerly known as RealPlayer One, is planning to make a comeback and this time will allow users to share videos and clips to multiple devices.

The Seattle, Washington-based provider of Internet streaming media delivery software and services and one of the first applications in the Internet has been struggling in the past few years. In hopes to turn things upside down, it is revamping RealPlayer by updating its storage services and video software to make it compatible to a desktop, smartphone, tablet, and Internet TV,. The redesigned computer program will be renamed to “RealPlayer Cloud.”

Rob Glaser, founder and appointed temporary CEO of the company, told Reuters that the upcoming RealPlayer Cloud offering would influence the still-large installed base of RealPlayer PC video software and possibly create the stage for a fresh push into media content and other services.

In terms of storage, the RealPlayer Cloud resembles that of Dropbox. Users will be provided free 2 GB of media storage but can be expanded with equivalent costs.

Glaser said in an interview with Reuters, "The business model of 'freemium,' there are many examples of it working, especially for storage.”

Glaser also proudly announced that about 100,000 people have signed up on their website to receive updates about the RealPlayer for iPhone.

RealPlayer was launched in April 1995 and was initially installed on Microsoft’s Windows 98 package. It allows users to stream media over the Web. It was then expanded to Apple’s Mac OS X in 2008 with a name RealPlayer 11. That was the time that the software expanded its functions allowing users to transfer videos, music, and photos from desktop to mobile. Sharing links and videos to Facebook and MySpace was also made possible. However, it started losing its glory when Adobe Flash Player entered the scene.