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BRIEFLY / COMPANY TOWN ANNEX

CBS Web Sites Return to Network's Control

February 17, 2001|Reuters

Viacom Inc.'s CBS Television Network brought its Internet sites back under the control of the broadcast operations, a CBS spokesman said, becoming the latest media company to restructure its online businesses. The restructuring of CBS.com and CBSnews.com, which will put management control back into the hands of CBS TV instead of Viacom Internet Ventures, will result in limited job changes, the spokesman said. The move by CBS and other media companies reflects the decision that their online units work better as an element of programming operations rather than as a separate business. The CBS Entertainment Web sites will report directly to Nancy Tellem, president of CBS Entertainment. The CBS News site will fall under CBS News President Andrew Heyward. MarketWatch.com Inc. and SportsLine.com Inc. will remain under Viacom Interactive Ventures.

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