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RealNetworks names new board member

RealNetworks says it has appointed Kalpana Raina to its board of directors. Raina is the executive vice president and head of the Media & Telecommunications Division at the Bank of New York, which acts as a lender to the entertainment, multimedia and publishing industries. Raina also serves on the boards of the Center for Communications and ADITI: Foundation for the Arts in New York City. The announcement came shortly after RealNetworks launched its subscription service for online music. The service, dubbed RealOne Music, charges consumers $9.95 a month for the service or $19.95 a month as part of a larger package that includes exclusive sports, entertainment and news programming.

RealNetworks says it has appointed Kalpana Raina to its board of directors. Raina is the executive vice president and head of the Media & Telecommunications Division at the Bank of New York, which acts as a lender to the entertainment, multimedia and publishing industries. Raina also serves on the boards of the Center for Communications and ADITI: Foundation for the Arts in New York City.

The announcement came shortly after RealNetworks launched its subscription service for online music. The service, dubbed RealOne Music, charges consumers $9.95 a month for the service or $19.95 a month as part of a larger package that includes exclusive sports, entertainment and news programming.