What is Up With CNET?

What is Up With CNET? Will It Survive?: Rumors about CNET Networks have been swirling around: there was a posting on FuckedCompany.com yesterday that it is Chapter 11 bound sometime next month. Or it will have to radically restructure. Meanwhile, this CBS MarketWatch story says that CNET may not be able to survive alone, or it will have to restructure its debt. Who could be a buyer in this market? Yahoo, perhaps? Maybe INT Media (to be re-named Jupitermedia) should consider buying some assets…

Also, CNET’s stock has fallen hard in the last few months. It fell 13 cents, or 18 percent, to 61 cents on Tuesday, now has a market cap that stands at $84.7 million.

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