Ziff Davis Acquires CNET for $100 Million
Red Ventures sells tech site at a significant loss amid a turbulent digital media landscape
- CNET, once valued at $1.8 billion, sold for just over $100 million.
- Red Ventures had acquired CNET for $500 million in 2020.
- Ziff Davis' portfolio includes other tech sites like Mashable and IGN.
- The sale highlights ongoing challenges in the digital media sector.
- CNET has faced recent controversies, including AI-generated content issues.
Techdirt 
Charlotte Observer 
Deadline 
The Hollywood Reporter 
TheWrap 
Variety 
The Verge 
Adweek 
