If you click on a link and make a purchase we may receive a small commission. Read our editorial policy.

Cnet buys ZDnet

In another big move today, CNET Networks has agreed to acquire Ziff-Davis (CNET) for $1.6 billion in stock, The Wall Street Journal reported in Wednesday's electronic edition. Under terms of the deal, CNET will exchange 0.59 of a share for each of Ziff-Davis' 85 million shares, the newspaper reported.

Its weird that the world is getting more and more like the way people like Geroge Orwell predicted, with 3 or 4 big corporations doing everything from games to kitchen knives. Very soon there will only been 3 or 4 companies that own big entertainment outlets for people, from AOL/TimeWarner to everyone's favorite monopoly, Microsoft. Other industries seem to be following suit.

Of big intrest to gamers is that the acquisition means that both GameSpot and Gamecenter, two of the largest gaming sites on the net, will be owned by the same parent. No word on how that will impact either gaming site, nor are there details yet on any other changes this may provoke.

Will you support Eurogamer?

We want to make Eurogamer better, and that means better for our readers - not for algorithms. You can help! Become a supporter of Eurogamer and you can view the site completely ad-free, as well as gaining exclusive access to articles, podcasts and conversations that will bring you closer to the team, the stories, and the games we all love. Subscriptions start at £3.99 / $4.99 per month.


More News

Latest Articles

Supporters Only

Eurogamer.net logo

Buy things with globes on them

And other lovely Eurogamer merch in our official store!

Eurogamer.net Merch