Real-time transport protocols rely on IP to disseminate audio/video packets from a sender to one or more receivers. In IP over ATM broadband networks, studies have shown that the effective bandwidth is reduced by at least 10% and that larger protocol payload sizes yield higher throughput. However, a dropped cell corrupts the IP packet it belongs to and reduces the rate successfully-received data, or goodput. This results in quality of service degradation to multimedia traffic, particularly for intra-frame encoded video raffic that is sensitive to a packet loss. A key observation for multimedia applications is that achieving maximum throughput versus reaching optimum goodput is determined by the end-to-end quality of service requirements. In this report, we derive analytic expressions for the maximum throughput and packet-loss probability which provides us with a better understanding of the goodput of real-time transport protocols. We also derive an analytic expression for optimum PDU that maximizes the goodput with respect to cell-loss probability and number of ATM switches. We show that optimum PDUs yield higher goodput than the default MTU for IP over ATM, particularly as the cell-loss probability and/or the number of ATM switches increase. For reliable multicast, We also derive analytic expressions to the expected total number of transmissions per packet and to the goodput of reliable multicast.