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CBS and AOL combine online radio networks
2008-03-07
The No. 2 U.S. radio broadcaster CBS Radio said on Friday it will combine its more than 150 online radio stations with AOL's more than 200 online stations. CBS Radio, a division of CBS Corp (CBS.N), will take over advertising sales, the companies said in a joint statement. CBS Radio plans to launch this spring a new online radio player that incorporates the two companies' services and will also support Apple Inc's (AAPL.O) Mac computers. AOL is a division of Time Warner Inc (TWX.N). (Reporting by Kenneth Li; editing by Gunna Dickson)
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