It’s the end of an era of sorts for CNET—as of 1Q06, with the sale of Computer Shopper as announced today, publishing is no longer considered material to CNET and no longer will be broken out as a segment. No terms were discloised for the sale to SX2Media Labs LLC, a new company formed by David Sills and Stonybrook Capital.
More after I lisen to the earnings call but some quick hits from CNET’s 4Q05/2005 earnings:

—Total 4Q05 revenue increased 20 percent, to $107.4 million from $89.2 million in 4Q04.

—Interactive revenues hit $100.2 million in 4Q05, up 25 percent over 4Q04.

—Operating income excluding charges more than doubled to $25.2 million from $14.3 million in 4Q04.

—Pre-EBITDA profit margin hit 30 percent, up from 23 percent in 4Q04.  For the year, the margin was 19 percent up from 12 percent in 2004.

—CNET Networks logged an average of 116.1 million monthly uniques during 4Q05, up 13 percent from 4Q04. Average daily page views passed 103.6 million, up 22 percent.

Earnings release | Webcast

You can download the analysts’ call audio here. (73 min., 21.5 megs.)