CBS acquires CNET
CNET's ZDNet has been through some hard times of late. A redesign that few love, but which has been tweaked a bit in recent weeks, the laying-off/firing of excellent writer George Ou ... you know the drill.
But now CNET has been bought by CBS for "$11.50 per share, representing an equity value of approximately $1.8 billion. The acquisition will make CBS one of the 10 most popular Internet companies in the United States, with a combined 54 million unique users per month, and approximately 200 million users worldwide."
More stories on the acquisition (via ZDNet):
About this blog
Comments are back: Comments have returned to Click, but due to the thousands of spam comments clogging up the system each day, commenters must now log in. To comment, either create a Movable Type account when prompted, or create and use a Typekey account. Movable Type, as configured on this blog, allows commenters to create a Movable Type account, verify it via e-mail and then sign in to comment. Other methods of verification are OpenID, Live Journal and Vox.
Steven Rosenberg aims to learn what he does not know. He writes about it here.
Steven Rosenberg aims to learn what he does not know. He writes about it here.
Leave a comment