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Cnet Buys Revision3 for $57 Million [Update]

March 14th, 2008 Posted in uncategorized

Revision3_bought

The popular internet media provider, Revision3, has been bought by Cnet for $57 million. Revision3 produces more than a dozen shows including Diggnation, The Totally Rad Show, and Tekzilla. The network includes an all-star list of hosts many of them from the TechTV network.What will this mean for Revision3? Cnet hasn’t been the most innovative company in the past years, but with a fresh new set of shows under their belt, things may change. We can only hope that Cnet will keep Revision3 working independently instead of being integrated into the Cnet site.

Source:

PownceNEW

Update: Revision3 is not being bought by CNET. We can all put down our pitchforks and go home (to watch some Diggnation).

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12 Responses to “Cnet Buys Revision3 for $57 Million [Update]”

  1. BREAKING: Cnet Buys Revision3 for $57 Million | www.r3fresh.com « zac_in_ak’s Everything and the Kitchen Sink! Says:

    [...] Cnet Buys Revision3 for $57 Million | www.r3fresh.com BREAKING: Cnet Buys Revision3 for $57 Million | http://www.r3fresh.com WOW! my 2 favorite places for content this could  be really really good or really really bad. [...]


  2. Jay Adelson Says:

    Um… no.


  3. Chris Thomson Says:

    I thought someone was just playing games. There was no press announcement, post on either blog, etc, just this pownce post that isn’t so sure about itself (READ: “??”).

    Some people love to try to trick people… Haha.


  4. MaDCoW Says:

    lol. Digg is so gullible.

    Look, Digg! It says Alt+0173 on the ceiling!


  5. patricia Says:

    $57 million sounds fake to me.


  6. Jon4-26 Says:

    I came across this on twitter last night. Check out the pic. http://digg.com/tech_news/Cnet_to_buy_Rev3


  7. Randysouth Says:

    Revision3 CEO Jim Louderback says this rumor is false.


  8. Derek W Says:

    Isn’t this like the 2nd or 3rd time this rumor has happened?


  9. Startup Earth » News » Rumor Squashed: CNet NOT Buying Revision3 Says:

    [...] story quickly gained momentum across the blogosphere after a reliable source quoted an obscure blog post that turned out to be nothing more than link-bait. The rumor was quickly denied by Revision3 [...]


  10. CNET Hasn’t Acquired Revision3  »TechAddress Says:

    [...] might not be accurate. I noticed this news on Digg in upcoming early this morning. The link to the blog with the news was only pointing to some random Pownce entry. As of 11pm Eastern, the story has hit the [...]


  11. WebTrech » Blog Archive » Rumor: CNET Wants To Buy Revision3 Says:

    [...] a tweet that said “wow revision3 just sold to cnet for $58 mil”. Within the next hour Scoble posted his source (r3fresh.com), and a denial from Jim Louderback. At this point I thoroughly believed the rumor to [...]


  12. HD with a Picture | www.r3fresh.com Says:

    [...] pretty big and took me back to the days of bunny ears. While I was watching the recently bought Revision3 tech show Tekzilla they plugged Antennas Direct’s PF7 Picture Frame Antenna. I thought it was [...]


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