WOODLAND, Calif. -- Video and music distributor Valley Media here this month reached an agreement in principle to form a new company to take greater advantage of digital distribution opportunities. Woodland. The existing shareholder group of amplified.com and Valley would each own 50% of the outstanding shares of the new company. Valley would provide continuous service to its Internet customers and serve as the fulfillment partner for amplified.com. "With this combination, Valley will ...

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