Why Red Ventures bought CNET

CNET editor in chief Connie Guglielmo interviewed Red Ventrues CEO Ric Elias about the company’s purchase of the technology site.

Here is an excerpt:

Q: Why CNET Media Group? What is it about what we do that drew your attention?
Elias: First, let me state the obvious: The CNET Media Group platform includes some of the most trusted, legacy brands that have stayed ahead of trends for a quarter of a century on the Internet. Whether you’re looking at technology, gaming, entertainment, news, automotive or B2B, you have powerful brands publishing unbiased consumer advice that is second-to-none. The reach of CMG’s portfolio of brands, the value they bring to people across the globe, and the potential they have to become even bigger, is what interested us in CMG. Then, when we met the leadership team and started to understand the culture, we knew our potential together would be limitless.
We believe in the power of premium content from trusted brands, and our investment in CMG’s portfolio opens the door to help more people discover information and seamlessly make decisions.

Read more here.

Chris Roush

Chris Roush was the dean of the School of Communications at Quinnipiac University in Hamden, Connecticut. He was previously Walter E. Hussman Sr. Distinguished Professor in business journalism at UNC-Chapel Hill. He is a former business journalist for Bloomberg News, Businessweek, The Atlanta Journal-Constitution, The Tampa Tribune and the Sarasota Herald-Tribune. He is the author of the leading business reporting textbook "Show me the Money: Writing Business and Economics Stories for Mass Communication" and "Thinking Things Over," a biography of former Wall Street Journal editor Vermont Royster.