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ViacomCBS in Talks to Sell CNET

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19.08.2020 - 04:11

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hollywoodreporter.com

hollywoodreporter.com:

Viacom is in talks to sell CNET after receiving informal takeover offers earlier this year, The Hollywood Reporter has confirmed.

A representative for ViacomCBS declined to comment to THR on a possible sale of CNET, which offers consumer electronics product reviews and news.

CBS bought CNET in 2008 for $1.8 billion. ViacomCBS is in the midst of selling off non-core assets after Viacom's merger with CBS.

Other assets on the auction block include CBS' longtime Manhattan headquarters Black Rock and book publisher Simon & Schuster.

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