RealNetworks CEO Rob Glaser Buys $10 Million in Napster Stock

RealNetworks founder, chairman, and CEO Rob Glaser has invested $10 million in his company’s stock.  According to the SEC filing, Glaser’s investment in Napster, which was funded personally, translates to 8,064,516 shares, with each costing about $1.24. Upon the purchase’s announcement, RealNetworks’ stock, traded under the symbol RNWK, saw its value jump by about 25 percent.  […]

The post RealNetworks CEO Rob Glaser Buys $10 Million in Napster Stock appeared first on Digital Music News.

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