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Entries from Digital Intelligence tagged with "cbs"

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Last.fm narrows losses as ad revenues climb

Online music service Last.fm has dramatically narrowed its pre-tax loss, announcing a £2.8m loss for last year, compared to a £17m loss the previous year. The CBS- owned site said revenues climbed 74% year-on-year to £7.3m, although net liabilities climbed from £19m to £22.2m. The music streaming and recommendations service said £5.4m was earned in advertising and £1.3m from subscriptions.

07/12/2010

07/12/2010  |  Full story...

Top 10 online video content properties: US

More than 100m US users watched on average 68 YouTube videos each in June 2009

Digital Strategy data - Top 10 online video content properties: US. More than 100m US users watched on average 68 YouTube videos each in June 2009

26/08/2009

CBS buys CNET for $1.8bn

CBS is buying CNET Networks for $1.8bn (£0.91bn), writes Netimperative. The deal will propel CBS into the top 10 list of US websites with 54m unique monthly users and roughly global 200m users. CNET owns a stable of websites including ZDNet, GameSpot.com and TV.com. CBS is actively trying to grow its share of the online advertising market and expects the newly combined unit to reach revenues of $1bn (£508m) by 2010 or 2011.
Netimperative: http://www.netimperative.com, 16/05/2008
CNET: www.cnet.com

16/05/2008

Last.fm bought by CBS for £140m

CBS Corporation has bought UK-based social-networking music website Last.fm for $280m (£140m), writes Netimperative. Last.fm currently has over 15m active users and helps users to find and connect with other people with similar tastes in music. Users can also build custom-made "radio stations" and view music clips online. The firm's management team, including founders Felix Miller, Martin Stiksel and Richard Jones will continue to run the site which will retain an independent identity from CBS. CBS is the largest radio group in the US with 179 stations.
From Netimperative: http://www.netimperative.com, 30/05/2007
Last.fm: http://www.last.fm,

30/05/2007

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