Tag: CBS

ViacomCBS sells CNET Media for less than half what CBS paid in 2008

CNET Media Group is a global technology news brand, publisher of titles such as Gamespot. <span class="copyright">(CNET)</span>
CNET Media Group is a global technology news brand, publisher of titles such as Gamespot. (CNET)

Marketing and technology company Red Ventures confirmed it sealed a $500-million deal to acquire ViacomCBS’s digital news publisher CNET Media Group.

ViacomCBS had been in talks since February to offload the 25-year-old publisher, which owns business tech and gaming titles such as Gamespot and ZDNet and entertainment brands including Metacritic, in a deal first reported in August by the Wall Street Journal.

Red Ventures, which owns a portfolio of popular digital brands such as the Points Guy and Bankrate, said in a statement it

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