RealTime IT News Takes Major Stake in Inc. late Thursday night acquired a majority position in from its joint venture partner, Cox Interactive Media (CIMedia).

Financial details were not disclosed.

Cox Radio will maintain its 28 affiliate sites and Cox Interactive Media also expects to offer localized music information and free music downloads across its network of city sites.

Affiliate stations will have access to's (MPPP) event and community calendar, one-hour syndicated radio programming featuring the "Best of", and the service that allows listeners to store, manage, and listen to their existing music collection via the stations' Web site.

"As we began to work more closely with over-the-air radio stations to help promote the artists posted on our web site, both CIMedia and realized that we were duplicating some of's efforts on a number of fronts," said Michael Robertson, chairman and chief executive officer of

"To more effectively leverage our resources, both companies felt that by bringing mp3radio's operations under we could offer a coordinated suite of products and services to the over-the-air radio market."