March 7, 2008 / 5:03 PM / in 10 years

CBS and AOL combine online radio networks

NEW YORK (Reuters) - 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, 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 Mac computers.

AOL is a division of Time Warner Inc.

Reporting by Kenneth Li; editing by Gunna Dickson

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