CBS Buys Chowhound
Thursday, May 15, 2008
In a "hefty" deal worth a cool $1.8 billion, CBS has bought CNet, the parent company of Chowhound, among others. 'Hound master Jim Leff, whose basement enterprise has now grown into an asset of a major media company, isn't yet sure what the move means, but is hopeful that it will be a boon, so long as the pesky wannabe food snobs stay away: "What we don't need, however, is a broader slice of diners participating. A real flood of unsavvy diners could dilute the knowledge level." [AP via Eater SF]
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