Online radio network acquired

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NetRadio, an Internet-only radio network, has been acquired by Navarre Corp., a distributor of music, computer software and interactive CD-ROM products. Navarre had initially acquired a 50-percent ownership of NetRadio last May. At the same time, cable TV shopping programmer ValueVision acquired a 15-percent stake in NetRadio. As part of the deal, ValueVision was granted rights for most merchanadise categories to be made available on NetRadio's programming.

Copyright March 1997, Crain Communications Inc.

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