MTV plans to spin off online units

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Tom Freston, chairman-CEO of Viacom's MTV Networks, said he plans to spin off the music video company's entire online venture, including about 12 Web sites, over the next 15 months. The sites include MTV, VH1 and sites acquired by Viacom in collaboration with Liberty Media Group, such as SonicNet and the Box.

Copyright May 1999, Crain Communications Inc.

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