CBS Buys CNET Along with Some of the Most Valuable Domains in the World

By on May 16, 2008

“CBS is making a major Internet and news powerplay, acquiring CNET for $11.50 per share (44% more than CNET is trading at) for a total of $1.8 Billion. Acquiring CNET and its $406 million per year in revenue is a big and bold move by CBS.” via SEJ.

CBS has a network of over 300 local affiliates who publish content and reach 82% of all online users in the United States. This acquisition should make CBS the 10th most popular website on the Internet.

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$1.8 Billion – Steal of a Deal for CNET’s Domains?

CNET has always been known to be the owner of several extremely valuable domain names, I would even go so far to say that domains such as News.com, TV.com, Com.com, Search.com are invaluable. This is, in my humble opinion, one of the smartest acquisitions I have ever seen. The value of the .com brand names involved in this trade is amazing.

Watch this video from Yahoo! Finance with more insight into the deal.

CNET’s Domain Portfolio Includes these Gems

  • News.com
  • TV.com
  • Search.com
  • Download.com
  • Downloads.com
  • Upload.com
  • Chat.com
  • Com.com
  • Help.com
  • Shopper.com
  • Radio.com
  • Mp3.com
  • Kids.com
  • Computers.com

CNET’s Established Online Presences…

  • GameSpot.com
  • Chow.com
  • ZDnet.com
  • BNET.com
  • MySimon.com
  • UrbanBaby.com
  • TechRepublic.com

What are your thoughts on CBS Purchasing CNET?
Please leave a comment below.

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About Mark Fulton

Mark is the Founder of DotSauce Magazine and a full time web developer, domain investor, SEO and online marketing professional residing in North Carolina, USA. Visit MarkFulton.com for information on freelance website development, SEO and consultation services.