Premier Radio Forges Alliance With AudioNet

Premiere Radio Networks Inc., a Sherman Oaks supplier of radio programming, said it completed its $4-million investment and “strategic alliance” with AudioNet.

Founded about a year ago, Dallas-based AudioNet broadcasts audio content on the Internet and World Wide Web.

The deal calls for Premiere to act as AudioNet’s exclusive sales representative for network radio advertising. Premiere will help AudioNet expand its base of radio station affiliates, and AudioNet will advertise on Premiere’s radio networks.