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Real's Glaser named Air America chairman

Radio network also completes $13 million in new financing, announces contract extension for host Al Franken.

Air America Radio on Wednesday said it has named RealNetworks CEO Rob Glaser as chairman of its board. The left-wing talk network also announced it has completed $13 million in new financing as well as a contract extension for host Al Franken.

"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. The station is broadcast in 11 of the top 20 markets and also on both XM and Sirius satellite services. Franken quipped that he re-upped with Air America "in order to spend less time with my family."