ZDNet reports that RealNetworks has reverse engineered Microsoft's Media Player streaming audio server software and will begin offering a server version which can stream QuickTime, Windows Media, and RealMedia.
But the interesting part is buried at the end of the article. RealNetworks also announced that they would begin releasing portions of their code as open source as early as this fall. Perhaps within a couple of years, we'll see open source media players that rival RealPlayer and Windows Media Player, much as Mozilla has now become competitive with Internet Explorer. And maybe, if we're lucky, this marks a new trend among Microsoft's competitors.