CBS to Acquire CNET for $1.8 Billion

“The core businesses of CNET Networks and CBS Interactive represent near perfect category symmetry in premium online content,”
Quincy Smith, President, CBS Interactive.

Blah blah blah… it’s another corporate buyout. This acquisition will make CBS one of the top 10 internet companies in the United States with a combined 54 million unique users per month (my sites get about 100,000), and approximately 200 million users worldwide.

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