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CNET to Be Acquired by Ziff Davis for $100 Million
Ziff Davis inked a deal to acquire CNET for about $100 million, four years after Paramount Global sold CNET Media Group for $500 million.
Ziff Davis inked a deal to acquire CNET for about $100 million, marking the third corporate parent for the pioneering tech news and reviews site in four years. In 2020, as Paramount Global (then known as ViacomCBS) was seeking to offload non-core assets, the media conglomerate sold CNET to digital-marketing company Red Ventures for$500 million. In 2022, Red Ventures sold several sites that had been part of CNET Media Group — TV Guide, Metacritic, GameSpot and Giant Bomb — to Fandom for about $50 million.
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