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"There are very few opportunities to acquire a profitable, growing, well-managed Internet company like CNET Networks, " he says.
FORBES: Magazine Article
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If the deal pans out, it's a vindication, of sorts for investor and CNET Networks founder Halsey Minor.
FORBES: Magazine Article
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Other companies involved in the online distribution deal are Brightcove, Veoh, Sling Media, AOL, Netvibes and CNET Networks.
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Mr. Maloney joined Tumblr in 2008, after UrbanBaby, the company he cofounded and ran, was acquired by CNET Networks in 2006.
WSJ: Tumblr's President Resigns
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Virtual shopping is today's gold rush with prospectors digging for deals on Web sites like mysimon.com owned by CNET Networks and eBay 's Shopping.com.
FORBES: Magazine Article
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If the deal pans out, it's a vindication, of sorts for investor and CNET Networks (nasdaq: CNET - news - people ) founder Halsey Minor.
FORBES: Google Calling
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The social networking site, originally launched for college students, garnered more traffic in the U.S. last month than CNET Networks, Wal-Mart or Craigslist, according to Web tracker comScore Media Metrix.
FORBES: Magazine Article
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But CBS, which owns CNET, along with other networks are suing Dish in California over the product.
FORBES: CNET Blocks Dish From CES Awards Over CBS Lawsuit