CBS Corp. on Monday said it had completed its acquisition of CNet Networks, Inc. and merged its operations into a newly expanded CBS Interactive division. The new division incorporates all of the
premium online brands of both CBS and CNet Networks into one business unit.
The combined assets of CBS Interactive now make CBS the eighth-largest Web property worldwide in terms of
monthly unique users, according to comScore.
The newly expanded business unit will comprise five vertical categories, including technology, entertainment, sports, news and business.
Quincy
Smith will serve as CEO of CBS Interactive, while Neil Ashe will serve as president.
--Gavin O'Malley