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CBS and CNET: Vision, or desperation?

Posted on May 15, 2008

So CBS an old media giant that hasn t been doing so well lately plunks down $1.8-billion for CNET, a new media giant that hasn t been doing so well lately. Does this sound like something to get excited about? Not to me. In fact, it sounds a little like desperation on both sides CNET to get a deal done that would get it out of the clutches of some disgruntled shareholders, and CBS to get some kind of coherent online strategy going in the ninth inning. Some others seem to disagree, however. In fact, it s interesting to see the polarized opinion on the deal when you ...

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