CBS to buy CNET for $1.8B

05/15/2008 | PaidContent.org · Google

CBS announced it is acquiring online news and product review network CNET for $1.8 billion, or $11.50 per share. Shares in CNET closed last night at $7.95. Quincy Smith, president of CBS Interactive, said in a statement, "The core businesses of CNET Networks and CBS Interactive represent near perfect category symmetry in premium online content."

View Full Article in:

PaidContent.org · Google

Published in Brief:

SmartBrief Job Listings for Media

Job Title Company Location
Director of Account Management
Adelphic
New York, NY
Digital Ad Operations Trafficker
A+E Networks
New York, NY
Mobile App Acquisition Manager
Publishers Clearing House
New York City & Port Washington, NY
Senior Product Manager - Mobile
Publishers Clearing House
New York, NY
Interactive Sales Account Executive
Comcast Spotlight
Houston, TX