10-Q Watch: CBS Paid $43 Million For MaxPreps
CBS Corp (NYSE:CBS) has filed its 10-Q for Q2 today, and some numbers worth noting: It bought high school sports/football site MaxPreps earlier this year, in the 10-Q, it disclosed that it paid $43 million for it. The sports site has been included as part of the TV segment since the date of acquisition.
Aug 2, 2007 3:38 PM ET
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Comments (4)
Aug 2, 2007 7:05 PM
That is a pretty high price, but goes to show the targeted content in a hot market (high school sports is huge in many, many areas) commands a high price.
Aug 3, 2007 9:40 AM
I’ll admit that, as a college football junkie, I’ve been following the sale of Rivals, Scout, Max Preps, CSTV, et al. with interest.
Rafat - any idea on what the Max Prep deal translates to in terms of multiples? How does it compare to Fox-Scout deal?
Aug 3, 2007 12:25 PM
What is the scout deal? I am not familiar with that one. Also, do you know what the multiple was for rivals?
Aug 3, 2007 2:51 PM
Rivals was a $25 Milion revenue business rumor has it…
Scout deal was much less and I heard Scouts inc was a 14 Million deal with ESPN.