Sunnyvale, CA; New York - Dec 3, 2008 - Yahoo and CBS Radio have entered into an agreement in which CBS Radio will power Yahoo Music's Launchcast Radio. Beginning in early 2009, Launchcast's 150 stations and more than 150 CBS Radio stations will be combined, with CBS Radio assuming sales responsibility for the entire portfolio.

A newly created CBS Radio player will be integrated into the Yahoo Music site and Launchcast will be available to Firefox, Mac and Safari users. In addition, Yahoo News and Sports will incorporate dedicated CBS Radio players into their respective sites.