CBS Acquires CNET Networks for $1.8 Billion 100
An anonymous reader writes "According to an announcement made today by Neil Ashe, CEO of CNET Networks, CBS has acquired CNET Networks. "Today, CNET Networks announced that it has been acquired by US media company CBS, in a deal valued at $1.8bn. The agreement represents an important strategic step for both companies and should be completed by the third quarter of 2008." So guess we'll be seeing The Late Show with Dan Ackerman, Molly Wood in Hollywood and CSISpot." If you'd like to read about it someplace other than CNet, Ian Lamont contributes a link to coverage at The Standard. It seems reasonable to ask how much longer they'll let news.com remain an IT-centric site.
Title should have been (Score:5, Informative)
other Second Rate Site Acquired By Big Media (Score:5, Informative)
Re:other Second Rate Site Acquired By Big Media (Score:4, Informative)
Re:other Second Rate Site Acquired By Big Media (Score:2, Informative)
That's not all they own... (Score:5, Informative)
$734,464,000 (Score:2, Informative)
Re:New name? (Score:1, Informative)
As a former CNET employee, I can tell you that the editors and reviewers are not as tech savvy as you think. The reviews are mostly paid advertisements anyways.
And slightly off topic..
When referring to CNET, it's written in all caps. Not Cnet, or cnet or C|Net. It's pretty funny, we had posters in the breakroom that instructed us on proper usage of the branding and how to type out CNET.
Drink.com Beer.com Food.com (Score:3, Informative)