Friday, March 4, 2011

CBSi Buys Clicker For Over $100M; Lanzone Replaces Ashe As New President

CBS Interactive (NYSE: CBS) is acquiring Clicker, the self-styled “TV Guide” for online video, and is installing Jim Lanzone, Clicker’s co-founder and CEO as its new president, succeeding Neil Ashe. As CEO of CNET Networks, Ashe helped steer the tech media company?s $1.8 billion sale to CBS in June 2008 and became president shortly after.

Updated: Terms of the acquisition weren’t announced, but a source tells paidContent that CBSi paid north of $100 million.

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