BUSINESS BLOGS
BUSINESS BLOGS
category: business
15 May 2008
related tags: Internet & Web | M&A | CBS | CNET |

Wow.

A couple of weeks ago I ran down a number of companies CBS should buy and concluded: CBS should buy CNET.

Today, it’s official.

Quincy and Mike, you can send me my M&A consulting fee, made out Granicus Group. Jokes aside, this is a good move as it adds $400M in annual revenues to CBS Interactive at 4.5x revenue (pretty decent). With over 100M uniques, this gives CBS a lot more leverage.

Part 2: CBS is the new News Corp.