Saturday, 5 March 2011

CBS buys online video guide Clicker Media

http://d.yimg.com/hb/ng/co/afp/20110304/23/576959594-cbs-buys-online-video-guide-clicker-media.jpg?x=360&y=242&sig=IGP9cDrgeG8IgxXZPdPlrg--WASHINGTON  - – US television network CBS announced on Friday that it has acquired Clicker Media, a startup which provides an online video program guide.
Financial terms of the transaction were not disclosed.
CBS Corp. president and chief executive Leslie Moonves said in a statement that Clicker's co-founder and chief executive, Jim Lanzone, had been named president of CBS Interactive, which oversees the broadcaster's Web properties.
"I'm confident that with Jim at the helm, we will continue to expand our digital footprint, and capitalize on our scale in this fast-growing marketplace," Moonves said.
CBS Web properties include technology blog CNET.com, TV.com, CBS.com, CBSSports.com, CBSNews.com and Gamespot.com.
Clicker, which was launched in November 2009, provides a directory of online television shows and movies and allows users to save and share their favorites with friends.
Clicker indexes more than one million online TV shows, movies and videos, both free and paid, and claims 2.5 million monthly users.

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