CNET announces partnership with Yahoo

By Michelle Meyers, CNET News.com
Friday, April 25, 2008 11:59 AM

CNET Networks, News.com's parent company, on Thursday announced a three-year strategic partnership with Yahoo under which CNET will be a third-party content provider of technology news and reviews.

The partnership also allows for Yahoo to sell display ads on CNET properties and for CNET to sell ads alongside the content it provides on Yahoo sites.

"Working together, we have the ability to build more robust content environments and more comprehensive programs for our marketing partners", CNET CEO Neil Ashe said in a press release.

The announcement was made as CNET reported its quarterly earnings, a net loss of US$6.1 million, or 4 cents per share, compared with a net loss of US$9.1 million, or 6 cents per share, in the year-ago period. Reuters said the per-share loss was in line with Wall Street estimates, but net revenue of US$91.4 million fell short of analysts' average expectation for US$93.4 million.

CNET has also been in the news of late because the hedge fund Jana Partners is trying to take control of its board.

This article was originally a blog post on CNET News.com.


WORTHWHILE?

0

0 votes
Blog

Talkback 0 comments

There are currently no comments for this post.


Tech Jobs Now!

Search for your ideal tech job:

Get network versatility with SSH tunneling and netcat

Open Source

Vincent Danen explains how to use netcat with SSH tunneling when you need to create a secure connection to a server from a remote location.


Read more »


 
Virtualize your way to cost savings
Build an infrastructure that is flexible, scalable, and economical, as you strive to become a truly agile business.

Red Hat Outlines Its Virtualization Strategy and Roadmap for 2009
» Watch the video




Where have all the bosses gone?

Blog thumbnail

I've had dreams of opening my own cafe or bistro...cum music store...cum music school. But, I soon gave up that dream when I realized it would require significant investment and..... by Eileen Yu

Read more »

Tags

  1. acquisition
  2. acquisitions
  3. ceo
  4. china
  5. financial
  6. google inc.
  7. green it
  8. ibm corp.
  9. india
  10. industry
  11. information technology
  12. it outsourcing
  13. job
  14. microsoft corp.
  15. network
  16. outsourcing
  17. revenue
  18. singapore
  19. software
  20. u.s.