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CBS To Buy Tech-Focused CNET Website
satellitetvnews | 17 May, 2008 02:54
From Satellite TV News...
CBS Broadcasting Inc. (CBS), the largest radio and television networks in the United States has struck a deal to buy CNET Networks for $1.8 billion in cash. This acquisition would include Web properties CNET, ZDNet, gaming site GameSpot, TV.com, music destination MP3.com, UrbanBaby and CNET news.com. CBS said it would combine those assets with its existing Internet properties, which would make the company one of the top 10 U.S. Web firms with 54 million unique users per month and approximately 200 million users worldwide
CBS Buys CNET Website
CBS Broadcasting Inc. (CBS), the largest radio and television networks in the United States has struck a deal to buy CNET Networks for $1.8 billion in cash. This acquisition would include Web properties CNET, ZDNet, gaming site GameSpot, TV.com, music destination MP3.com, UrbanBaby and CNET news.com. CBS said it would combine those assets with its existing Internet properties, which would make the company one of the top 10 U.S. Web firms with 54 million unique users per month and approximately 200 million users worldwide
CBS Buys CNET Website
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