Shearman And Sterling

News September 16, 2020

ViacomCBS Sells CNET Media Group

Shearman & Sterling is representing ViacomCBS in the sale of CNET Media Group to Red Ventures, a portfolio of more than 100 digital brands, for $500 million.

 

CNET, a leading global technology news brand, has grown over 25 years to cover all aspects of technology, including automotive coverage, Spanish-language coverage and now as CNET Media Group, encompasses an expansive portfolio of digital media brands that advise consumers across leading consumer tech, business tech, gaming, and entertainment media channels.

 

The Shearman & Sterling team below also included associates Douglas Kim, SeungMoon Lee, Noni Nelson, and legal assistant Myles Odermann.

 

The Team