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To: Raymond Duray who wrote (566)	12/8/2004 1:01:54 PM
From: Glenn Petersen	Read Replies (2) \| Respond to of 718

Al Franken reups for two more years, Air America get commitments on another $13 million from investors and bags Rob Glaser as its new chairman. news.yahoo.com Air America Radio Signs New Franken Pact NEW YORK - Air America Radio, a startup radio network that offers liberal talk and commentary, has signed a new contract with comedian Al Franken to stay on as its lead personality for at least two more years, the company announced Wednesday. Air America also said that Rob Glaser, the chairman and chief executive of the technology company RealNetworks Inc., had joined the company as the chairman of its board. Glaser has also been an investor in the company, although he declined to disclose the value of his stake. The company also said that its interim CEO, Doug Kreeger, had stepped aside and that it had begun a search for a full-time chief executive. Kreeger will remain on the company's board. In the meantime, the company is being run on a day-to-day basis by its president Jon Sinton, a longtime radio executive, and Carl Ginsberg, its executive vice president. Air America has been signing up more stations and gaining its footing following a shaky start earlier this year. The company went through a management shakeup in May, about five weeks after going on the air, that included the departure of its previous chairman, Evan Cohen, and other executives. The network can now be heard on 40 stations around the country as well as on the satellite radio services offered by Sirius Satellite Radio Inc. and XM Satellite Radio Holdings Inc. Air America also signed a new contract with Randi Rhodes, another popular radio personality, for three years. Its contract with Franken is for two years, with an option to extend for another year. The company did not disclose how much it was paying the personalities. Air America also said it had new commitments of $13 million from investors.