CBS to buy sports network CSTV for $325 million
CBS has agreed to pay $325 million for a 2-year-old college sports network CSTV Networks Inc.
www.espn.phI don’t have live access to current news sources in this moment, but I can share what CSTV Networks, Inc. historically represented and summarize how its status evolved up to the mid-2000s.
Direct answer
- CSTV Networks, Inc. (College Sports Television) was acquired by CBS in 2005 for about $325 million and subsequently became part of CBS’s sports properties; the deal was announced November 2005 and aimed to close after regulatory approvals and Viacom’s corporate split that year, with CSTV continuing as a digital and cable sports network under CBS’s umbrella.[2][3][4][6]
Context and what CSTV was
- CSTV was a digital media company focused exclusively on college athletics, operating a cable network with college sports programming and an online network of official college athletic websites. The acquisition by CBS expanded CBS’s presence in sports media and online platforms, signaling a broader push into the digital space for college sports.[4][2]
What happened after the acquisition
- Following the acquisition, CSTV became integrated into CBS’s sports business, with leadership from CSTV’s founder and CEO and continued expansion of its online and live-event offerings within the CBS portfolio. Specific post-merger branding and channel evolution varied, but CSTV’s assets were positioned to complement CBS Sports properties and digital initiatives.[3][2]
If you want, I can look up the latest status (e.g., current CBS Sports Network branding, CSTV’s current assets, or successor entities like CBS Sports Digital) and provide a concise, up-to-date summary with sources. I can also pull together a timeline of key events related to CSTV up through 2025 for context.