RealNetworks CEO quits, Rob Glaser returns on interim basis

RealNetworks has struggled financially in recent months

Thomas Nielsen has stepped down after just eight months as CEO of RealNetworks, the Seattle-based company best known for its RealPlayer multimedia-streaming software.

Rob Glaser, the company's founder and chairman, has returned to the CEO job to fill in on an interim basis, RealNetworks said.

Nielsen is not leaving to take a position elsewhere, the company said in a statement Tuesday.

RealNetworks has struggled financially in recent months. The company reported a net loss of US$17 million in the first quarter of 2012, following a loss for the full year in 2011. In January, it sold $120 million in video software and patents to chip maker Intel.

"I come back to RealNetworks with a sense of great urgency to set the company on a long-term path to success," Glaser said in the statement.

Glaser founded RealNetworks in 1994. Prior to that he had been vice president of multimedia and consumer systems at Microsoft.

Cameron Scott covers search, web services and privacy for The IDG News Service. Follow Cameron on Twitter at CScott_IDG.

Join the newsletter!

Error: Please check your email address.
Rocket to Success - Your 10 Tips for Smarter ERP System Selection
Keep up with the latest tech news, reviews and previews by subscribing to the Good Gear Guide newsletter.

Cameron Scott

IDG News Service
Show Comments

Most Popular Reviews

Latest Articles

Resources

PCW Evaluation Team

Ben Ramsden

Sharp PN-40TC1 Huddle Board

Brainstorming, innovation, problem solving, and negotiation have all become much more productive and valuable if people can easily collaborate in real time with minimal friction.

Sarah Ieroianni

Brother QL-820NWB Professional Label Printer

The print quality also does not disappoint, it’s clear, bold, doesn’t smudge and the text is perfectly sized.

Ratchada Dunn

Sharp PN-40TC1 Huddle Board

The Huddle Board’s built in program; Sharp Touch Viewing software allows us to easily manipulate and edit our documents (jpegs and PDFs) all at the same time on the dashboard.

George Khoury

Sharp PN-40TC1 Huddle Board

The biggest perks for me would be that it comes with easy to use and comprehensive programs that make the collaboration process a whole lot more intuitive and organic

David Coyle

Brother PocketJet PJ-773 A4 Portable Thermal Printer

I rate the printer as a 5 out of 5 stars as it has been able to fit seamlessly into my busy and mobile lifestyle.

Kurt Hegetschweiler

Brother PocketJet PJ-773 A4 Portable Thermal Printer

It’s perfect for mobile workers. Just take it out — it’s small enough to sit anywhere — turn it on, load a sheet of paper, and start printing.

Featured Content

Product Launch Showcase

Latest Jobs

Don’t have an account? Sign up here

Don't have an account? Sign up now

Forgot password?