CBS Interactive clicked on acquire and reached an agreement to buy Internet TV guide Clicker Media, also naming its co-founder and CEO, Jim Lanzone, president of CBS Interactive, overseeing all of its operations worldwide.
Clicker, a guide to legal broadcast programming on the Internet, launched in November 2009 and boasts more than 2.5 million monthly users, as well as proprietary recommendation engine Clicker Predict and integration with Facebook.
Lanzone succeeds Neil Ashe, who came on board as president of CBS Interactive under similar circumstances when it acquired CNET Networks in June 2008. Ashe announced in December that he would leave CBS Interactive when a successor was named.
Prior to Clicker, Lanzone was with Ask.com from 2001-08, ending up as its CEO.
CBS president and CEO Leslie Moonves said:
Jim is a dynamic, creative executive who knows the interactive space and its key players. Throughout his career, he has proven to be both a leader and an innovator, and now he’ll bring both of those skills to help CBS Interactive build on its success. In these past couple of years, we’ve grown CBS into a top 10 global Internet property. I’m confident that with Jim at the helm, we will continue to expand our digital footprint and capitalize on our scale in this fast-growing marketplace.
In just over one year, Jim has created one of the leading navigation and discovery tools for video programming on the Internet. Clicker’s products and proprietary technologies add firepower to our existing portfolio of entertainment properties, and if we can help grow Clicker to its full potential in the years ahead, the strategic value could be tremendous.
Neil oversaw one of the smoothest corporate integrations imaginable. All of us at CBS wish him the best and thank him for all he’s done to position CBS for continued growth and success.
This is such an incredible opportunity. Leslie and the CBS Interactive team have created an unrivaled arsenal of Internet properties — properties that have unlimited potential for expansion. I look forward to beginning my new role and working with the team to help lead CBS into the future of online information and entertainment.