Technology Industry

Industry: Email Alert RSS Feed
Comments

CBS Buys Hollywood.com, StoreRunner.com in Deals Worth $200m

Computergram International, April 13, 1999

In exchange for an estimated $200m worth of content and branding, CBS Corp has acquired a 35% stake in Hollywood.com and a 50% stake in storeRunner.com. Hollywood.com provides movie and entertainment information, while storeRunner.com offers selected products for sale from other retail web sites.

Most RecentTechnology Articles

CBS already counts 38% of MarketWatch.Com Inc and 12.5% of SportsLine USA Inc among its web content holdings. Together those stakes are reckoned to be worth about $500m. The new deals closely resemble the old.

COPYRIGHT 1999 Datamonitor
COPYRIGHT 2008 Gale, Cengage Learning
 

BNET TalkbackShare your ideas and expertise on this topic

Please add your comment:
  1. You are currently: a Guest |
  4.  

Basic HTML tags that work in comments are: bold (<b></b>), italic (<i></i>), underline (<u></u>), and hyperlink (<a href></a)

advertisement
Click Here
CXO UnpluggedSmart Business interviews on BNET

See and hear how senior level executives across the Asia Pacific are developing smart business ideas across a variety of sectors. The focus is on the future, and on how businesses need to evolve.

Brought to you by CBS MoneyWatch.com

advertisement
  • Click Here
  • Click Here
  • Click Here
advertisement

Content provided in partnership with Thompson Gale