Would you take $280M for your site?

Posted by Anton-io! | 10:52 PM | 0 comments »

Any reason to get in to media production?

CBS has shown itself to have one of the biggest pocketbooks on the Web, acquiring Last.fm for a cool $280 million, Wallstrip for $5 million, Dotspotter for $10 million, and most recently CNET for a massive $1.8 billion.

http://mashable.com/2008/05/28/cbs-acquisitions/

" professionally produced Web video is a sweet spot for the television network "

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