CNET Networks Inc (CNET) 2008 Schedule 14D-9 & Share Purchase Plan Booklets

This listing is for CNET Networks Inc (CNET) 2008 Schedule 14D-9 & Share Purchase Plan Booklets. 

As shown in photos 2008 Schedule 14D-9 & Share Purchase Plan Booklets for CNET Networks, Inc.  

CNET (short for "Computer Network") is an American media website that publishes reviews, news, articles, blogs, podcasts, and videos on technology and consumer electronics globally. CNET originally produced content for radio and television in addition to its website before applying new media distribution methods through its internet television network, CNET Video, and its podcast and blog networks. Founded in 1992 by Halsey Minor and Shelby Bonnie, it was the flagship brand of CNET Networks and became a brand of CBS Interactive through that unit's acquisition of CNET Networks in 2008. Following acquisition by Red Ventures on October 30, 2020, the website faced criticism for the decline in quality of its editorial content and its factual unreliability due to the use of generative AI in the creation of its articles, as well as concerns over its journalistic integrity after it began increased publication of biased reviews and sponsored content to benefit its advertising partners. On October 1, 2024, CNET was acquired by Ziff Davis.

In July 1999, CNET, Inc. acquired the Swiss-based company GDT, later renamed to CNET Channel. In 1998, CNET, Inc. granted the right to Asiacontent.com to set up CNET Asia and the operation was brought back in December 2000. In January 2000, the same time CNET, Inc. became CNET Networks, it acquired comparison shopping site mySimon for $736 million. In October 2000, CNET Networks acquired ZDNET for approximately $1.6 billion. In January 2001, Ziff Davis reached an agreement with CNET Networks to regain the URLs lost in the 2000 sale of Ziff Davis to SoftBank, a publicly traded Japanese media and technology company. In April 2001, CNET acquired TechRepublic, which provides content for IT professionals from Gartner, for $23 million in cash and stock. In May 2002, CNET Networks acquired Smartshop, an automated product catalog and feature comparison technology company, for an undisclosed amount. On July 14, 2004, CNET Networks announced that it would acquire photography website Webshots for $70 million ($60 million in cash, $10 million in deferred consideration), completing the acquisition that same month. In October 2007, it sold Webshots to American Greetings for $45 million. In August 2005, CNET Networks acquired Metacritic, a review aggregation website, for an undisclosed amount. In 2005, Google representatives refused to be interviewed by all CNET reporters for a year after CNET published Google's CEO Eric Schmidt's salary and named the neighborhood where he lives, as well as some of his hobbies and political donations. All the information had been gleaned from Google searches. In September 2006, CNET acquired Chowhound, an online food community. On October 10, 2006, Shelby Bonnie resigned as chairman and CEO, in addition to two other executives, as a result of a stock options backdating scandal that occurred between 1996 and 2003. This would also cause the firm to restate its financial earnings over 1996 to 2003 for over $105 million in resulting expenses. The Securities and Exchange Commission later dropped an investigation into the practice. Neil Ashe was named as the new CEO. In December 2006, James Kim, an editor at CNET, died in the Oregon wilderness. CNET hosted a memorial show and podcasts dedicated to him. On March 1, 2007, CNET announced the public launch of BNET, a website targeted towards business managers. BNET had been running under beta status since 2005. In 2008 programmer Chris Wanstrath, who worked on GameSpot and Chowhound, left CNET to start GitHub. On May 15, 2008, it was announced that CBS Corporation would buy CNET Networks for US$ 1.8 billion. On June 30, 2008, the acquisition was completed. Former CNET Networks properties were managed under CBS Interactive at the time. CBS Interactive acquired many domain names originally created by CNET Networks, including download.com, downloads.com, upload.com, news.com, search.com, TV.com, mp3.com, chat.com, computers.com, shopper.com, com.com, and cnet.com. It also held radio.com until CBS Radio was sold to Entercom in 2017.

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