Friday, March 4, 2011

CBS Acquires TV Guide For Online Video Clicker, Jim Lanzone Named President Of CBS Interactive

CBS has acquired Clicker, a TV Guide for internet programming, according to a release just issued by the companies. Clicker's CEO Jim Lanzone has been named President of CBS Interactive. Terms of the deal were not disclosed; Clicker raised a total of $19 million in funding. According to multiple sources, the deal was in the $50 million to $100 million range. Clicker is a comprehensive�search engine for TV content on the web. The startup made its debut at TechCrunch50 in 2009, and currently indexes more than one million full length TV episodes on the web.

Source: http://feedproxy.google.com/~r/Techcrunch/~3/WoJOUxuerFE/

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