ViacomCBS Sells CNET For $500 Million
CNET Media Groups will be sold to Red Ventures by ViacomCBS for $500 million. Shari Redstone currently serves as chairman of ViacomCBS. CBS acquired CNET in 2008 for $1.8 billion. So this means a pretty big loss for the company. After a period as separate companies, Viacom and CBS were “remarried” in 2019. Ever since, […]
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