CBS Corporation

CBS Corporation is a global mass media company that creates, distributes, and monetizes content across various platforms. It owns the most-watched television network in the U.S., CBS Television Network, and has a vast library of entertainment content. The company's operations span multiple media sectors, including cable networks (Showtime, CBS Sports Network, Smithsonian Networks), publishing (Simon & Schuster), local broadcasting (television and radio stations), film (CBS Films), and digital media (CBS Interactive). CBS Corporation also manages the worldwide DVD and Blu-ray businesses for the company, distributing current hits and classic series from its extensive library. Founded in 1986, the company is headquartered in New York, United States.

Stephen Burke

COO

27 past transactions

New York Women’s Foundation

Grant in 2018
New York Women’s Foundation is a non-profit organization. It is a dynamic philanthropic strategy based on the fundamental reality that, when women and gender-expansive people thrive, their families and communities also do.

Network Ten

Acquisition in 2017
Network Ten is a prominent entertainment and news content company in Australia, operating a commercial television network that provides diverse television broadcasting services. The company offers a wide range of programming, including sports, dramas, movies, and news channels, ensuring that audiences have access to the latest trends in entertainment and information. Additionally, Network Ten extends its reach through online and digital platforms, creating innovative and engaging multi-platform content aimed at connecting with viewers of all ages.

247 Sports

Acquisition in 2015
247Sports is a digital media enterprise that specializes in providing original sports and entertainment news tailored to sports fans globally. Founded in 2010 by the creators of Rivals.com, the platform utilizes innovative technology and data-driven products to enhance the consumption of team-specific sports news. Key features include the Bolts Team News feed, the Crystal Ball prediction engine, Industry Composite Rankings, and a comprehensive Player Database. With a substantial reach, 247Sports attracts over 20 million unique users monthly and boasts a robust social media presence with more than 20 million followers and over 2 million daily newsletter subscribers. The company disseminates content through various channels, including team-specific online publications, VIP insider subscription services, social platforms, and mobile apps, and it has an exclusive partnership with CBSSports.com.

Xcar

Angel Round in 2014
Xcar is an automotive-integrated information service platform that offers the most recent car quotes, information, pictures, reviews, videos, and other content.

Syncbak

Series C in 2013
Syncbak, Inc. is a live broadcast network and distribution company based in Cedar Rapids, Iowa, with an additional office in New York City. Founded in 2009, Syncbak provides a comprehensive platform for live stream transcoding, content management, and geo-location services, enabling television networks, broadcast groups, TV stations, and content producers to deliver live broadcast television over the Internet. The company’s offerings include live stream encoding, rights and content management, ad insertion, and cloud-based editing services. Syncbak also supports various successful over-the-top (OTT) solutions, allowing broadcasters to utilize its technology for features such as cloud-based DVR, device filtering, stream monitoring, and dynamic ad insertion. By simplifying the live streaming process, Syncbak empowers businesses to effectively reach their audiences and manage their media directly.

POP TV

Acquisition in 2013
PoP tv operates as a television entertainment network.

Clicker Media

Acquisition in 2011
Clicker Media, based in Bay Harbor Islands, Florida, is a web publisher and brand builder specializing in developing stand-alone consumer brands that integrate social networking and reward properties. The company focuses on leveraging content, commerce, and advertising to create engaging experiences for global internet users. Clicker Media's primary service is Clicker, a comprehensive guide to internet television that organizes and delivers broadcast programming and TV-quality web originals from various sources, enabling users to easily find, save, share, and contribute content for any show or episode online. Additionally, Clicker Media owns and operates several web properties, such as Sippinit.com and Sportsgulp.net, and owns internet domain names like Forwant.com.

EcoMedia

Acquisition in 2010
EcoMedia is an environmental media firm. Since the founding of the company in 2001, our team has worked tirelessly to develop and hone an advertising model that would transform this ideal into reality.

CNET Networks

Acquisition in 2008
CNET is an online platform that specializes in providing comprehensive information on technology products, including reviews, news, pricing, videos, forums, and podcasts. Founded in 1994 by Halsey Minor and Shelby Bonnie, CNET's global team operates around the clock to explore and explain the evolving tech landscape. The platform serves as a valuable resource for consumers, offering insights and guidance on purchasing electronics and utilizing digital technologies. CNET fosters an environment for open discussion and information exchange among its users, while maintaining the discretion to manage user-generated content.

International Outdoor Advertising Group

Acquisition in 2008
International Outdoor Advertising Group operates as an out-of-home advertising company.

TargetSpot

Series B in 2008
TargetSpot is the largest internet radio advertising network in the United States, facilitating connections between brands and local businesses to online listeners through various advertising solutions. The company offers a software-as-a-service platform and a full-service account management team, allowing advertisers to design targeted campaigns based on geography, listening preferences, and demographics. This enables the delivery of impactful audio, display, and pre-roll video advertisements across a wide range of online audio properties. With over 85 distribution partners, including major entities like CBS RADIO and Entercom, TargetSpot has established a significant presence in the digital audio landscape. Based in New York City, the company is focused on optimizing the monetization of existing and emerging digital audio assets, including music, radio, podcasts, and opportunities within smart speakers.

SignStorey

Acquisition in 2007
CBS Outernet provides in-store digital media networks to the grocery industry in the United States. The company's media distribution platform helps grocery retailers, advertisers, and content providers to market their products to individual shoppers. It also offers a range of implementation and production services. The company, formerly SignStorey, Inc., was founded in 2000 and is headquartered in Fairfield, Connecticut. CBS Outernet is a former subsidiary of Gerber Scientific, Inc. As of October 5, 2007, CBS Outernet is a subsidiary of CBS Corporation.

Dotspotter

Acquisition in 2007
Dotspotter was a comprehensive platform focused on celebrity and pop culture, catering to fans seeking the latest gossip, celebrity sightings, and fashion news. It offered a space for users to engage with content, submit photos, and share their own observations about celebrities. The site attracted a dedicated following similar to that of popular tabloid blogs. In its early stages, Dotspotter gained significant attention and was acquired by CBS about ten months after its launch. This acquisition aimed to enhance CBS's celebrity gossip initiatives, leading to Dotspotter being rebranded as The Insider in June 2008, which integrated both web and television elements.

FirstDIBZ

Venture Round in 2007
FirstDIBZ, founded in 2001, is dedicated to providing passionate buyers an entirely new and compelling way to gain access to the things which they most desire, while providing the world's most sought after brands an entirely new capability by which they can reach and delight these passionate buyers.

WallStrip

Acquisition in 2007
WallStrip is a financial news video blog that gained attention for its unique and entertaining approach to delivering financial information. Hosted by actress Lindsay Campbell, the blog combines informative content with humor, creating a format that appeals to a knowledgeable audience seeking both insight and entertainment. After approximately eight months of operation, WallStrip was acquired by CBS, reflecting its impact in the media landscape. The blog's style is reminiscent of shows like The Daily Show, positioning it as a competitor to other financial video blogs in the online news space.

Joost

Series A in 2007
Joost is a pioneering internet television service founded by Janus Friis and Niklas Zennström, the creators of Skype and Kazaa. It offers on-demand, legal video content, similar to traditional television, but accessible online at users' convenience. The service is free and ad-supported, with video and display advertisements. Joost has secured significant backing from media giants CBS and Viacom, and has content deals with prominent partners such as CNN, NHL, and Sony. It provides a desktop client for watching on-demand TV over the internet, enhancing the viewing experience with interactive tools like chat and interactive displays. Joost's peer-to-peer technology reduces server data streaming, lowering costs for content owners. Initially requiring a download, Joost now streams its entire catalog via Adobe's Flash Player, making it accessible on various platforms.

Last.fm

Acquisition in 2007
Last.fm is a social networking platform that specializes in music recommendations, connecting users through their shared musical tastes. Unlike competitors that rely on similar musical attributes for recommendations, Last.fm's unique approach involves analyzing user data, or "scrobbling," from over 600 devices and media players to create personalized internet radio stations. The platform also features artist profiles, discographies, event listings, and community forums that enhance user engagement. A significant aspect of Last.fm's business is its extensive API, which allows third-party applications, such as music streaming services and social media platforms, to leverage Last.fm's user data for additional features. This has fostered a dynamic development community that integrates Last.fm's capabilities with various music services, enabling users to share their playlists and favorite tracks across multiple social networks.

MaxPreps

Acquisition in 2007
MaxPreps is a leading publisher of online high school sports news and information in the United States. The company is dedicated to covering every team, game, and player, serving as a vital resource for high school sports enthusiasts. MaxPreps collaborates with approximately 25,000 varsity coaches nationwide to provide comprehensive coverage across various sports, including baseball, basketball, football, and volleyball. In addition to news and updates, MaxPreps offers team rankings, statistics, and the latest scoreboards, ensuring that fans and communities stay informed about their local athletes and teams. By highlighting the achievements of young athletes, MaxPreps fosters a sense of community and pride in high school sports.

The Electric Sheep

Series A in 2007
The Electric Sheep Company specializes in creating web-enabled social and virtual world experiences through strategic design, production, and technology. Established in 2005, the company has collaborated with prominent brands, media companies, and agencies to develop immersive consumer experiences. Its portfolio includes innovative 3-D properties and virtual world platforms, such as WebFlock, which facilitates social interaction, media consumption, and gameplay, and Second Life, an online society that enables users to create and inhabit customizable characters within a virtual environment. The Electric Sheep Company is recognized for its contributions to the evolving landscape of virtual experiences, serving a diverse clientele that encompasses major entertainment and technology entities.

Mahalo

Series B in 2007
Mahalo is a human-powered search engine founded by entrepreneur Jason Calacanis. It differentiates itself by generating search results through a team of profile builders who create detailed pages for approximately 10,000 unique queries, with plans to expand to 25,000 queries. The search results are non-algorithmic, resulting in deep and useful content, although the process is slower than automated engines. For queries without a dedicated page, Mahalo supplements results with information from Google. The layout combines elements of traditional search engines and Wikipedia, with factual information provided alongside categorized links. Users can submit their own links for consideration, which are voted on before publication. Despite its slow growth due to the manual curation process, Mahalo functions without revenue for several years, positioning itself as an alternative to major search engines and knowledge-sharing platforms.

Spot Runner AI

Series B in 2006
Spot Runner AI, established in 2003, specializes in television advertising services for businesses. Leveraging advanced technology, the company offers a range of services including commercial production, media planning and buying, along with innovative solutions like contextual video advertising, machine learning, and data analysis. Their platform empowers advertisers and publishers with cutting-edge tools for effective and efficient advertising campaigns.

CSTV Networks

Acquisition in 2005
CSTV Networks, Inc., operating as CBS Sports Network, is a prominent sports television channel that broadcasts a wide array of men’s and women’s sports, including college football and basketball, offering live games and programming 24 hours a day. The company reaches over 21 million homes through cable and satellite services and provides online content via its website, which encompasses around 215 official college athletic sites. In addition to its broadcasting services, CSTV Networks operates sports radio stations and sells sports apparel, accessories, and gear through its online store. Originally known as College Sports Television, the company rebranded to CSTV Networks, Inc. in 2005, reflecting its broader scope in sports media and merchandise.

College Sports Television

Acquisition in 2005
College Sports Television is a operator of a 24-hour cable television network devoted to college sports.

StoreRunner

Venture Round in 2000
In late 1998, StoreRunner.com launched as one of the first online shopping sites on the Web, offering a wide selection of products and services from the most trusted retailers, with technologies enabling users to shop online or in their own neighborhoods. In early 1999, CBS committed over $100 million in promotional support to StoreRunner in exchange for an equity stake in the business. This investment allowed StoreRunner to promote its brand across all CBS' television, radio, outdoor and interactive media properties, rapidly accelerating StoreRunner's appeal to shoppers and merchants. In May of 2000, after months of consumer research and testing, StoreRunner re-launched its own branded site with an entirely new look and feel, improved navigation, advanced search functionality, enhanced data feed capabilities for large retailers and catalogers, a suite of e-Commerce-enabling tools for small-to-mid size businesses, and an expanded database of over 1 million products in over 8,000 different categories.

iWon

Private Equity Round in 2000
iWon is an online search company that operates as a destination portal and search engine, offering users the chance to win cash and merchandise prizes through casual gaming and sweepstakes. Backed by CBS, iWon provides a variety of information retrieval products across multiple websites and desktop applications. The platform engages users by allowing them to participate in daily, weekly, and monthly contests, as well as instant win opportunities, making it a unique blend of entertainment and search functionality. Through its diverse offerings, iWon aims to attract a broad audience while providing an interactive experience that rewards user participation.

King World Productions

Acquisition in 2000
King World Productions engages in the production and distribution of television programming in the United States, Canada, and other foreign countries; and related operations, as of May 31, 1999. Formerly, the company was a subsidiary of CBS Corporation.

American Radio Systems

Acquisition in 1997
American Radio Systems (ARS) is the fifth largest radio broadcasting company in the United States with 98 radio stations (including pending transactions) located in 19 predominately top 50 markets, including several major markets where CBS has existing radio and television stations.
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