News Corp buys stake in Jamba

Cory Bergman September 12th, 2006

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.