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Does Apple’s Partnership with iHeartMedia Make Sense?

Apple (AAPL) is exploring partnering with iHeartMedia, according to the Financial Times. A partnership between the two could involve Apple acquiring a stake in iHeartMedia, buying a piece of the radio group’s business, or teaming up with the radio group on marketing. In the United States, iHeartMedia operates some 850 radio stations, making it the country’s largest radio group.

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