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10-Q Watch: CBS Paid $43 Million For MaxPreps

By Rafat Ali - Thu 02 Aug 2007 01:38 PM PST

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.

Posted in: Companies, CBS, VC+M&A

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4 Responses:

From Frank Sinton Thu 02 Aug 2007 04:05 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.

From Sean Fri 03 Aug 2007 06:40 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?

From spc Fri 03 Aug 2007 09:25 AM

What is the scout deal? I am not familiar with that one. Also, do you know what the multiple was for rivals?

From manaspen Fri 03 Aug 2007 11:51 AM

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.