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.
news.com domain valuation ... (Score:5, Interesting)
Sigh or Yeah? (Score:3, Interesting)
Its interesting to see this from another angle. Dan Rather gave a speech (if I recall at Duke
TV.com (Score:4, Interesting)
Re:New name? (Score:2, Interesting)
Yes.
Pining for the glory days of CNet is like looking back fondly on some of the rockier patches of the Bush administration. Most of CNet and the Ziff-Davis multimedia monstrosity has been like Dvorak on crack for going on a decade now.
I don't care who buys them, as long as it stops the "Should Linux users be shot on sight or is hanging more fair?" headlines. Pity, they probably won't stop.