CBS Buys Into Medscape

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New York -- CBS Corp. said last week that it signed a
definitive agreement to buy 35 percent of Medscape Inc., which provides health and medical
information on the Internet.

Medscape will get a license to use the CBS trademark and
logo, as well as promotion and branding valued at $150 million over seven years across CBS
broadcast, cable and radio properties.

Infinity Broadcasting Corp., the radio broadcaster
controlled by CBS, gets a share of the investment.

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