CBS buys CNET for 1.8 Billion
- added May 15, 2008
- 2 responses
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- digitrash
- added this
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- related topics
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- Internet (1639)
- Business (782)
- Acquisitions (243)
- CBS (88)
- CNET (14)
CBS will purchase CNET for $11.50 a share, or $1.8 billion. That's about $150 million more than Google paid for YouTube - whoa.
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First Last.FM, now this move. Quincy Smith is making CBS Interactive a real player in the online space.
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- joebrilliant
- 2 months ago
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Great, more consolidation of the media. At least we still have places like Current and the Huffington Post.
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