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CBS buys Gamespot's daddy
Posted on Thursday, 15 May 2008 by Speed, source: Associated Press
CBS has announced they're buying CNet (parent company of Gamespot) for no less than $1.8 billion in cash.
(CBS already has CBS.com, CBSSports.com and CBSNews.com)
CBS's CEO Leslie Moonves told reporters on a conference call that acquiring access to CNet's large online audience in order to distribute media content from CBS was "a large part" of CBS' motivation in going after the San Francisco-based online company.
"Our idea is to have our content wherever, whenever you can get it, and adding CNet just makes that happen faster," Moonves said
I wonder what this will mean for Gamespot. Maybe they'll be rebranded to CBSGaming.com?"Our idea is to have our content wherever, whenever you can get it, and adding CNet just makes that happen faster," Moonves said
(CBS already has CBS.com, CBSSports.com and CBSNews.com)
In other news:



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