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BoomTown

Friday, July 18, 2008

Sure, the CBS-CNET Deal Seems Crazy–But Maybe in a Good Way

A lot of people have been piling on CBS for its deal to buy Web site operator CNET Networks for $1.8 billion in cash.

Not BoomTown.

And it is not because newly crowned CBS Interactive CEO Quincy Smith is the ever-amusing Energizer Bunny of the Internet.

Okay, CBS paid too much and that makes the whole thing suspect. But is it the wrong direction?

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About Kara

Kara Swisher started covering digital issues for The Wall Street Journal's San Francisco bureau in 1997 and also wrote the BoomTown column about the sector. With Walt Mossberg, she co-produces and co-hosts D: All Things Digital, a major high-tech and media conference. Read more »

Ethics Statement

Here is a statement of my ethics and coverage policies. It is more than most of you want to know, but, in the age of suspicion of the media, I am laying it all out.

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