CBS Buys Howard Lindzon's Brain
By: Mathew Ingram
Okay, CBS didn't buy Howard Lindzon's brain - but it is paying a substantial sum, how substantial is still up for debate...
...since the original report of $5-million has apparently been denied, for what he helped to create with Wallstrip, the daily video-blog on Wall Street and finance hosted by the lovely and talented Lindsay Campbell.
And apart from what appears to be some lingering bad blood between Howard and Duncan Riley - who has written about it for TechCrunch and 901am (sorry Thord), as well as his own blog - I think most people are happy to see Howard do well. He took a chance with Wallstrip, and it has paid off. And according to Fred Wilson's post about the deal, CBS is not acquiring Wallstrip just for Lindsay (as Duncan and others have suggested) but for the expertise in developing and distributing online video, which is something CBS really needs to figure out. In any case, congrats to Howard and the team.
Tag: CBS, Howard Lindzon
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About the Author:
Mathew Ingram is a technology writer and blogger for the Globe and Mail, a national newspaper based in Toronto, and also writes about the Web and media at www.mathewingram.com/work and www.mathewingram.com/media.
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