While it might lag behind in the Nielsen ratings, television network CBS Corporation (NYSE: CBS) is definitely out in front of the pack when it comes to building an Internet presence. The company added to its online portfolio Thursday, with the announcement that it acquired a 35 percent stake in Medscape, a popular health and medical information site for the medical community.
CBS Acquires Stake In Medscape, Plans Healthcare Launch
Posted by: Robert Conlin & James Hollander July 8, 1999 12:00 AMWhile it might lag behind in the Nielsen ratings, television network CBS Corporation (NYSE: CBS) is definitely out in front of the pack when it comes to building an Internet presence. The company added to its online portfolio Thursday, with the announcement that it acquired a 35 percent stake in Medscape, a popular health and medical information site for the medical community.