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CBS to buy Web video guide Clicker, elevate exec
The Associated Press

04:52:38PM (ET) Friday,March 4,2011.

LOS ANGELES (AP) — CBS Corp. said Friday that it is buying the online video watching guide Clicker.com and making its co-founder the new president of CBS Interactive.

Jim Lanzone, who is CEO of Clicker Media Inc., will replace Neil Ashe, who announced a desire to leave the company in December. Ashe has served as president of CBS Interactive since CBS acquired CNET Networks Inc. in June 2008 for $1.8 billion.

Prior to founding Clicker with $8 million in capital in October 2008, Lanzone was the chief executive of Ask.com, where he is credited with turning around the search engine before its sale to IAC/InterActiveCorp in 2005.

Clicker has about 2.5 million users per month and indexes more than 1 million TV shows online. Some of those shows are free. In other cases, uses are directed to other sites such as Amazon.com or Comcast Corp.'s XfinityTV service and prompted to rent or purchase shows or prove they are pay TV subscribers.

Terms of the Clicker purchase were not disclosed.

CBS Interactive includes TV.com, CBS.com, CBSSports.com, CBSNews.com, Gamespot.com and CNET.com.

CBS said it has grown into a top 10 global Internet property and had 221 million unique visitors worldwide in December.

CBS shares were down 87 cents, or 3.6 percent, at $23.48 in afternoon trade Friday.

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* Had to decide where to post.
I post it here due to its new relations with Gamespot.
The race is on with video-mobile-gaming and more. *

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