» CBS counting on CNet for online audience - San Jose Mercury News
CBS announced plans Thursday to buy CNet for $1.8 billion, a matchup that would combine an old-school television network with one of the Internet’s pioneers.
The deal would instantly give CBS a Top 10 presence on the Internet. At the same time, the move is likely to help CNet appease shareholders who have pressed for changes amid frustrations about the company’s stock performance and business execution.