Thursday, May 15, 2008

CNET, a welcome SOS for CBS

It took a decade and a half to get there, but CNET finally is making it big in the TV business. Now, the $1.8 billion question is whether CNET can help CBS make it bigger in the Internet business.On track to have its shares acquired for a juicy 45% premium by CBS, CNET originally was formed as CNET-TV in 1993 by Halsey Minor and Shelby Bonnie to create a technology channel for cable television

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