Jill Goldsmith Co-Business EditorUPDATED 09/4/20, 4:40AM PST: ViacomCBS and Red Ventures are close to completing a $500M deal for tech website CNET, according to the Wall Street Journal.The pact could be announced this week and is expected to close in Q4.
Red Ventures is a digital marketing company that owns a varied portfolio of online businesses. CBS acquired CNET Networks in a $1.8BN deal back in 2008.PREVIOUSLY, 08/18/20: ViacomCBS which has been looking to shed assets since its merger last year is in talks to unload tech website CNET to Red Ventures, a digital-focused holding company, Deadline has confirmed.A deal could be worth about $500 million, according to the Wall Street Journal, which first reported the talks.
Read more on deadline.com
Get the latest stars news and celebrity rumours with exclusive stories, photos, videos and interviews.
Breaking up, scandals, engagements, divorces, gossip – all you need to know about the private lives of your favorite celebs.
Get to know the latest showbiz news along with exclusive interviews and even more. All this is waiting for you on the main page 24 hours a day, 7 days a week! Who, where, when, with whom, how, why and for what!? Stay tuned to know first!
Just follow us daily and we will provide you with the current news from the life of famous stars and celebrities.
Owner: SNOWLAND s.r.o.
Registration certificate 06691200
Address:
Snowland s.r.o.
16200, Na okraji 381/41, Veleslavín, 162 00 Praha 6
Czech Republic
©2024. All rights reserved.