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Technology Stocks : America On-Line (AOL) -- Ignore unavailable to you. Want to Upgrade?

To: Nanda who wrote (1449)	1/5/1999 9:25:00 AM
From: Diamond Jim	Respond to of 41369

Re: "NEWSSSSS....CBS and AOL alliance to be announced soon" ======== 01/05 05:59 CBS <CBS.N> to provide news to AOL - NY Times NEW YORK, Jan 5 (Reuters) - CBS Corp. executives will announce a deal with America Online Inc. <AOL.N> later this week to become the exclusive broadcast news provider for the online service, the New York Times said on Tuesday. Under the deal, CBS will replace Walt Disney Co.'s <DIS.N> ABC News as the provider of news in text, video and audio on AOL, the paper reported. For AOL, the deal is likely to mean a more favourable financial arrangement than the ABC deal, an executive told the Times. CBS would gain access to AOL's 15 million subscribers, the largest number on the Internet