CBS and AOL to Combine Online Radio Networks
It has been reported by Reuters that AOL and CBS will combine their online radio initiatives. 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.
In the joint venture CBS will control the advertising sales division. 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 Mac computers.
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