] HipMojo.com » CBS Buys CNET - Did I Call It or What?

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.

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Posted By: Ashkan Karbasfrooshan | May 15th

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