CBS Acquires High School Sports Network

NEW
YORK, March 20: CBS Corporation has acquired MaxPreps, a leading nationwide
high school sports network online, and will merge it with its CSTV (College
Sports Television) division.

Brian
Bedol, the president and CEO of CSTV Networks, noted: "MaxPreps is the
leader in serving millions of participants who are passionate about high school
sports. From the professional sports covered by CBS Sports and CBS Sportsline
to the collegiate athletics covered by CSTV, this acquisition expands CBS's
portfolio of sports programming and brings a spirited community of athletes and
a highly desirable demographic into our reach. The company is a terrific
complement to CSTV's local and regional assets. At the same time, its content
will help make CBS's local television stations and web sites the
"go-to" place for local sports content in communities across the
country."

"Sports
fans and participants are among the greatest beneficiaries of the advancements
in video delivery technology," Bedol continued. "Athletes, their families and members of their
communities can now experience personalized sports programming, following the
teams and games they care most about. What's more, our affiliate partners will
benefit from the availability of this great content to feed their broadband and
VOD channels."

MaxPreps'
primary users are males aged 14 to 18. Drawing from a network of over 10,000
coaches from all 50 states, MaxPreps.com provides a single source of
information on nearly 80,000 high school football and over 500,000 boys and
girls basketball games played each year. The data is combined with over 400,000
photos taken by MaxPreps photographers. Currently, MaxPreps.com has over a
million high school athletes registered in its database.