AOL signs distribution deal with CBS

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America Online and CBS Corp. announced that AOL will use CBS as the exclusive provider of broadcast news on AOL and CompuServe, and CBS will be the premier provider of news on AOL.com. Under terms of the deal, CBS will also be guaranteed a ``major and ongoing'' presence throughout AOL, CompuServe and AOL.com. Also as part of the deal, CBS will provide extensive on-air promotion within each of its news broadcasts.

Copyright January 1999, Crain Communications Inc.

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