CBS reportedly buys celebrity gossip site Dotspotter
Rumors started flying on Thursday morning that CBS had picked up celebrity gossip site Dotspotter for somewhere in the neighborhood of $10 million. Valleywag reported the dirt first, and the strictly-business PaidContent said that industry sources had confirmed it.
Dotspotter has not yet responded to a request for comment.
CBS' interactive division, headed by Valley veteran Quincy Smith, has been acquisition-happy in recent months, snapping up social music site Last.fm and finance video blog Wallstrip. It's not yet clear whether Dotspotter--or CBS' other digital acquisitions, for that matter--will remain standalone or ultimately be integrated into the media company'… Read more