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Microsoft settlement prompts big bonus for Glaser

RealNetworks disclosed on Friday that it is paying CEO Rob Glaser a bonus of up to $2.9 million for his role in helping secure last year's settlement with Microsoft.

In a filing with the Securities and Exchange Commission, the Seattle-based company said its board approved a payment of $1.45 million in cash this month, $725,000 in July and another $725,000 next January, with the latter two payments contingent on Glaser's continued employment at RealNetworks.

RealNetworks said the board awarded Glaser the bonus for "his efforts and leadership related to the Company's recent settlement of the Microsoft antitrust litigation and the collaboration agreement with Microsoft."