CBS Acquires CSTV - West Virginia University Athletics
MSNsportsNET.com November 3, 2005 CBS today announced the acquisition of CSTV Networks, Inc., the leading digital media company devoted exclusively to colleg...
wvusports.comI don’t have real-time access to live news databases right now, but here’s what I can share based on the most recent publicly available information up to late 2024 and typical follow-ups on CSTV Networks, Inc.
- CSTV Networks, Inc. has a historical milestone: CBS announced its acquisition of CSTV in November 2005 for about $325 million, transforming CSTV into part of CBS’s sports portfolio. This marked CSTV’s transition from an independent digital college sports network to a CBS-backed entity with broader distribution.[2][4]
- The deal included CSTV’s online properties and college sports content, as well as its network of college-specific websites and licensing agreements with various conferences and schools, positioning CBS to expand digital and cable college sports coverage.[4][2]
- The acquisition was expected to close after regulatory approvals and CBS’s corporate restructuring, with CSTV continuing under the new CBS umbrella and leadership from its founder Brian Bedol reporting into CBS leadership.[2][4]
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