ViacomCBS Sale of CNET Is a Modest Step in Plan to Refocus on Video

The Wrap
By Trey WilliamsSep 15, 2020, 9:57 pm317 pts
Analysts at S&P Global Ratings said in a note on Tuesday that they expect ViacomCBS’s sale of tech website CNET to Red Ventures to “modestly reduce” ViacomCBS’s leverage. The move is a continuation of ViacomCBS’s recent business plan of selling off assets it views as non-essential to the future of the…

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