CBS acquires CNET for $1.8 billion

CBS acquires CNET for $1.8 billion

By Editor • on May 16, 2008

CBS is paying $1.8 billion in cash for CNET Networks, a SanFran Web conglom that branched out from its tech-review roots to control popular sites like UrbanBaby, TV.com and mp3.com. Execs say the deal will enhance the strategy of CBS Interactive, which has been using tools like streaming Final Four basketball games and clips from prime-time shows to

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