WASHINGTON (CBS.MW) -- Rob Glaser, the founder and chief executive officer of RealNetworks Inc., has been elected chairman of Air America Radio.
The liberal talk show network, heard on 40 stations, also announced it received $13 million in new investments. A spokeswoman said Glaser has been an investor in AAR and is one of the lead investors in this latest round of funding.
Air America also said it renewed contracts with Al Franken and Randi Rhodes, two show hosts. Franken, a comedian and author, said, "I have re-signed with Air America in order to spend less time with my family."
There was no announcement of Glaser's new role by RealNetworks . A company spokesman said his involvement was "personal." RealNetworks provides Webcasting services for Air America's audio streaming.
"Air America has created the hottest new brand on radio, offering some of the most dynamic personalities and programming found anywhere on the radio dial," Glaser said in a statement.
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