CBS acquires CNET.com for $1.8 BILLION

[tonyfloyd]

Big news......see below...

http://www.washingtonpost.com/wp-dyn/content/article/2008/05/15/AR2008051501035.html

CNET also owns a few nice generics.......tv.com, news.com, search.com etc.

 

[ARMG]

Looks like a good deal for CBS.

 

[DomainName]

old media buying new media...reminds me of '98-'99 when disney purchased the go network. At least Viacom is getting all CNET's amazing names with the deal. All Disney received was a search engine

 

[NetworkMsia]

$1.8 BILLION sure is a lot of money