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                                 April 25, 2000


RealNetworks, Inc.
2601 Elliott Avenue
Seattle, Washington 98121

        RE:  REGISTRATION STATEMENT ON FORM S-3

Ladies and Gentlemen:

        We have examined the Registration Statement on Form S-3 to be filed by
you with the Securities and Exchange Commission on or about April 27, 2000
(the "Registration Statement") in connection with the registration under the
Securities Act of 1933, as amended, of a total of 1,449,279 shares of your
Common Stock (the "Shares"), to be offered for sale by the Selling Shareholders
named therein. As legal counsel for RealNetworks, Inc., we have examined the
proceedings taken in connection with the sale of the Shares by the Selling
Shareholders in the manner set forth in the Registration Statement in the
Section entitled "Plan of Distribution." It is our opinion that the Shares are
legally and validly issued, fully paid and nonassessable.

        We consent to the use of this opinion as an exhibit to the Registration
Statement, including the prospectus constituting a part thereof, and further
consent to the use of our name wherever it appears in the Registration Statement
and any amendments thereto.



                                           Very truly yours,

                                           WILSON SONSINI GOODRICH & ROSATI
                                           Professional Corporation



                                           /s/ WILSON SONSINI GOODRICH & ROSATI