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Singing a New Tune
EMusic.com, the leading seller of downloadable music, said Tuesday that it will acquire Tunes.com in a stock-for-stock deal valued at around US$130 million. Tunes.com is the Chicago-based operator of RollingStone.com and DownBeatJazz.com. With a reported 28 million pageviews per month, Tunes.com is the third most-visited music network on the Web. The deal is expected to close next quarter...
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