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Time Inc Acquire Myspace Parent

Time Inc has acquired Viant, owner of Myspace and a number of other Web properties. “Time plans to combine Viant’s business with its own, creating a big data, ad targeting powerhouse,” TechCrunch reports. “Specifically, Time says it will ‘merge its premium content, subscriber data, and advertising inventory with Viant’s first party data and programmatic capabilities.’”

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