Gamasutra - GameSpot Parent Acquires GameKult, Reports Results:

Major video game site GameSpot’s parent CNET Networks has reported its delayed yearly results, revealing much-reduced profits of $9.4 million (down from $29.9 million) on revenues of $387.7 million, and the acquisition of French game website GameKult. While the quarterly profit for CNet was lower than expected at $6.3 million, partly due to the settling of its stock options probe for a one-time $6.5 million charge, the company’s yearly revenue was up 15% from previous year’s figures of $338.0 million.