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?





