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A study co-published by online ad network LinkExchange and investment analyst firm Hambrecht & Quist, both San Francisco, suggests the Web is stealing audiences from TV. In a poll of 100,000 online users regarding their media usage, 22 percent said they spend less time watching TV because they are online; 12 percent have foresaken newspapers for the Web; and 3 percent listen to less radio because of the Internet.
America Online, Dulles, Va., and New Line ,Cinema, New York, last week dissolved their joint venture, The Hub.
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