Feeds

RealNetworks boss in sudden exit

Glaser steps down after 16 years

The Power of One eBook: Top reasons to choose HP BladeSystem

Rob Glaser - founder of internet media outfit RealNetworks - has stepped down as chief executive of the company after sixteen years at the helm.

Current general counsel and executive vice president of corporate development Robert Kimball has been appointed president and acting CEO. He will also serve on the company's board of directors alongside Glaser, who will remain chairman.

"After nearly 16 years, I’ve decided it’s time for me to step away from day-to-day operations," Glaser said in a canned statement. "I’m grateful to all of our stakeholders - customers, partners, shareholders, and most of all, employees - for the support and commitment they’ve given to RealNetworks. I remain committed to the company and look forward to continuing to serve in my capacity as board chairman."

The move comes a day after the company announced that chief operating officer John Giamatteo will leave the company in April. A search for Glaser's permanent successor as CEO has not begun, but the company says it will begin soon.

RealNetworks was also in the news earlier this week after a US federal judge dismissed the company's claims that the big Hollywood studios were guilty of anti-competitive behavior when they successfully called for a ban on the DVD-ripping software in released in the fall of 2008.

In February 1994, Glaser - a ten-year veteran of Microsoft - founded the Seattle-based Progressive Networks, and in 1995, it released its RealAudio player, a means of streaming audio over the net. Eventually reinventing itself as RealNetworks, the company pioneered the distribution of not only audio but video over interwebs, but its place on the net was soon usurped by Glaser's former employer - after Microsoft bundled its own media player with Windows.

Famously, Glaser testified against Microsoft during a US Senate Judiciary hearing investigating the Redmond software giant's competitive practices. In December 2003, RealNetworks sued Microsoft, claiming it illegally used its Windows monopoly to win the media player market. In October 2005, the two settled the suit, with RealNetworks receiving $460m to settle the claims.

The company's RealPlayer continues to lose market share to the likes of Windows Media player and Apple's iTunes. But the outfit has branched into other areas. In 2003, it purchased the Rhapsody music service from Listen.com, and the company says the service now delivers more than one billion songs a year. ®

Top three mobile application threats

More from The Register

next story
BBC goes offline in MASSIVE COCKUP: Stephen Fry partly muzzled
Auntie tight-lipped as major outage rolls on
Philip K Dick 'Nazi alternate reality' story to be made into TV series
Amazon Studios, Ridley Scott firm to produce The Man in the High Castle
iPad? More like iFAD: We reveal why Apple fell into IBM's arms
But never fear fanbois, you're still lapping up iPhones, Macs
Stick a 4K in them: Super high-res TVs are DONE
4,000 pixels is niche now... Don't say we didn't warn you
Bose says today is F*** With Dre Day: Beats sued in patent battle
Music gear giant seeks some of that sweet, sweet Apple pie
There's NOTHING on TV in Europe – American video DOMINATES
Even France's mega subsidies don't stop US content onslaught
You! Pirate! Stop pirating, or we shall admonish you politely. Repeatedly, if necessary
And we shall go about telling people you smell. No, not really
Too many IT conferences to cover? MICROSOFT to the RESCUE!
Yet more word of cuts emerges from Redmond
Joe Average isn't worth $10 a year to Mark Zuckerberg
The Social Network deflates the PC resurgence with mobile-only usage prediction
prev story

Whitepapers

Implementing global e-invoicing with guaranteed legal certainty
Explaining the role local tax compliance plays in successful supply chain management and e-business and how leading global brands are addressing this.
Consolidation: The Foundation for IT Business Transformation
In this whitepaper learn how effective consolidation of IT and business resources can enable multiple, meaningful business benefits.
Application security programs and practises
Follow a few strategies and your organization can gain the full benefits of open source and the cloud without compromising the security of your applications.
How modern custom applications can spur business growth
Learn how to create, deploy and manage custom applications without consuming or expanding the need for scarce, expensive IT resources.
Securing Web Applications Made Simple and Scalable
Learn how automated security testing can provide a simple and scalable way to protect your web applications.