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	<title>HipMojo.com</title>
	<link>http://watchmojo.com/web/blog</link>
	<description>Covering Online Video, Web, Search, Investing, Technology, Strategy, Investing, M&#038;A, Financing, VCs</description>
	<pubDate>Sat, 21 Nov 2009 20:17:03 +0000</pubDate>
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		<title>CBS Snags A Portfolio of URLs Worth Millions; Could It Create Billion Dollar Businesses?</title>
		<link>http://watchmojo.com/web/blog/index.php/2008/05/15/cbs-snags-a-portfolio-of-urls-worth-millions-could-it-create-billion-dollar-businesses/</link>
		<comments>http://watchmojo.com/web/blog/index.php/2008/05/15/cbs-snags-a-portfolio-of-urls-worth-millions-could-it-create-billion-dollar-businesses/#comments</comments>
		<pubDate>Thu, 15 May 2008 15:16:28 +0000</pubDate>
		<dc:creator>Ashkan Karbasfrooshan</dc:creator>
		
		<category><![CDATA[Internet &#038; Web]]></category>

		<category><![CDATA[M&#038;A]]></category>

		<category><![CDATA[Management]]></category>

		<category><![CDATA[CBS]]></category>

		<category><![CDATA[CNET]]></category>
<category>CBS</category><category>CNET</category><category>Internet &amp;#038; Web</category><category>M&amp;#038;A</category><category>Management</category><category>Uncategorized</category>
		<guid isPermaLink="false">http://watchmojo.com/web/blog/index.php/2008/05/15/cbs-snags-a-portfolio-of-urls-worth-millions-could-it-create-billion-dollar-businesses/</guid>
		<description><![CDATA[By virtue of being one of the oldest Web companies out there, CNET has a lot of really neat-sounding URLs on its balance sheet.
The problem, however, is that a good URL does not a business make.
While CNET has launched TV.com, it is not a must-see-destination.
It also owns Radio.com, but that too does not cause waves. [...]]]></description>
			<content:encoded><![CDATA[<p>By virtue of being one of the oldest Web companies out there, CNET has a lot of really neat-sounding URLs on its balance sheet.</p>
<p>The problem, however, is that a good URL does not a business make.</p>
<p>While CNET has launched TV.com, it is not a must-see-destination.</p>
<p>It also owns Radio.com, but that too does not cause waves.  Sorry for the pun.</p>
<p>In fact, historically generic names are not favored at all:</p>
<p>- Search.com (incidentally, owned by CNET, too) is no Google.<br />
- News.com (incidentally, also owned by CNET) is no CNN.com</p>
<p>Even things like Cars.com, Travel.com, etc.  have competing business such as Autobytel.com and Expedia, for example.</p>
<p>Ultimately, there can be a hundred ways to go about developing (if at all) Radio.com, News.com and TV.com.  After all, CBS is:</p>
<p>- The #2 in Radio (after Clear Channel)<br />
- The #1 in TV (ahead of ABC, NBC and FOX).</p>
<p>However, these URLs are double-edged swords: creating any business and brand around a generic name is a bad idea legally.  It is very hard to trademark - and defend - something generic like Mojo, but WatchMojo.com?  That is doable.</p>
<p>Ultimately, managing all of the assets within the CNET empire is going to an enormous challenge, but one that CBS CEO <a href="http://www.paidcontent.org/entry/419-cbs-cnet-interview-leslie-moonves/" target="_blank">Les Moonves</a> is sure to welcome.  After all, CNET has its denigrators, particularly in Web 2.0 gaga San Francisco&#8230; but much like 2005&#8217;s shopping spree catapulted Rupert Murdoch into the webosphere, Quincy Smith has started to digitize CBS to some extent.</p>
<p>Armed with CBS&#8217; billions, admittedly that is the easy part.</p>
<p>When News Corp. bought IGN Entertainment, the idea was that between IGN&#8217;s content businesses (IGN.com, RottenTomatoes.com, etc.) and technology (digital download business, in-game advertising), the sum of the parts would be moving the needle.  But in the end, IGN has been a relative disappointment&#8230; and a flop next to News Corp.&#8217;s other big purchase: MySpace.</p>
<p>All to say, while CNET brings alot of good stuff to CBS, sometimes trying to shove too much in a bag creates a mess.</p>
<p>All in all, it will be interesting seeing how this plays out&#8230; As they say: talk is cheap, execution is all that matters (not sure who says that second part, but you know what I mean).</p>
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