News Corp buys stake in Jamba

By Cory Bergman 

Jamba is a mobile content company, which is best known for its popular ringtones. News Corp will use the acquisition — $188 million for a 51 percent stake — to beef up Mobizzo, its mobile content store. Mobizzo already sells webisodes of 24, but News Corp is planning to sell clips of The Simpson‘s through the Jamba service.

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