Comments on: CBS closes CNET Networks acquisition

CBS announces it has closed its acquisition of CNET Networks, in a move to expand the media company's CBS Interactive division.


by hunter_jc June 30, 2008 12:45 PM PDT: Congras on the cash in; Like this Reply to this comment


by citizencontact June 30, 2008 1:26 PM PDT: I have been wondering about how www.news.com would finally be used. Recently it changed back to redirecting to news.cnet.com, I assumed as CBS would use news.com for its main news site. Just a guess.; Like this Reply to this comment


by rexworld June 30, 2008 1:27 PM PDT: Sad to see the independent CNET disappear. But hopefully under the new management it will manage to find its niche and thrive again.; Like this Reply to this comment


by irondog1970 June 30, 2008 1:36 PM PDT: I love tv.com, and I hope that CBS will be smart enough to leave it be as it is.

I have been a CNET fan for a very long time. And I hope CBS doesn't do anything to mess up my long standing like for the service.; Like this Reply to this comment


by Pete Bardo June 30, 2008 3:20 PM PDT: Wonderful. Now we can get network-censored news via email without even asking for it! So much for this independent news source. Long live capitalism. Who needs unbiased information anyway?; Like this Reply to this comment


by username724168 June 30, 2008 4:05 PM PDT: I see this acquisition in a different light...

With the production and broadcasting capabilities of CBS now behind CNET, I predict we may see a new cable network in a few years time that will be a computer & tech destination for many.

Call it a rebirth of the old ZDTV or Tech TV (before Comcast screwed it over).; Like this Reply to this comment


by techie2479 June 30, 2008 6:52 PM PDT: Well... there goes the neighborhood.; Like this Reply to this comment


by kannuc July 1, 2008 7:53 AM PDT: Well, there goes the neighborhood; Like this Reply to this comment


by crewfan69 July 1, 2008 10:00 AM PDT: Tech TV is Dead! Long Live Tech TV!; Like this Reply to this comment


by TOKiBiz July 1, 2008 12:47 PM PDT: According to Compete.com, these three CNET destinations receive approximately 18 million monthly visitors. Trailing twelve month revenues for CNET is $408.24 Million. Entering these simple calculations (before costs) into the Bizak Calculator we get an EPV of $1.89 and a business valuation of $1.632 Billion. CNET was purchased for a 45% premium to its stock price but only 10% more than my revenue valuation.

Compare that to LinkedIn?s $1 Billion Valuation (Bizak Estimate = $399,999,984), Facebook?s $15 Billion Valuation (Bizak Estimate = $1,373,999,976), and YouTube?s $1.65 Billion acquisition (Bizak Estimate = $360 Million).; Like this Reply to this comment


by cipals15 August 20, 2008 7:44 AM PDT: That was a good acquisition since CBS needs more presense in the online community. CBS interactive will be much more alive than ever before because of the new team members of the interactive media group. Hope all sites of Cnet will be renewed or modified to the needs of the people.

Thanks
Charles
http://www.resourcesandmoney.blogspot.com; Like this Reply to this comment