CNET Networks Appoints Betsey Nelson and Jarl Mohn to Board of Directors

SAN FRANCISCO, Dec 11, 2003 (BUSINESS WIRE) -- CNET Networks, Inc. (Nasdaq: CNET) today announced the appointment of Betsey Nelson and Jarl Mohn to its Board of Directors, effective immediately.

Betsey Nelson has served as Executive Vice President, Chief Financial Officer, and Secretary of Macromedia since November 1997. Ms. Nelson joined Macromedia in 1996 and is responsible for leading the company's administrative functions, including finance, human resources, legal, mergers and acquisitions, and information technology. Prior to joining Macromedia, she spent eight years at Hewlett-Packard, where she held a variety of positions in both finance and corporate development. Prior to that, she was a consultant with Robert Nathan Associates, an international economic consulting firm based in Washington, D.C. Ms. Nelson will serve as a member of CNET Networks' Audit Committee.

Jarl Mohn, also know as Lee Masters, was the founding president of Liberty Digital, a publicly traded subsidiary of Liberty Media Group, involved in interactive television, cable television networks and Internet enterprises, and served as its Chief Executive Officer from June 1999 to March 2002. Prior to founding Liberty Digital, he was President and Chief Executive Officer of E! Entertainment Television. From 1986 to 1989, Mr. Mohn was Executive Vice President and General Manager of MTV and VH1. He began his professional life with a 20-year career in radio. Mr. Mohn has served on the boards of E.W. Scripps Company, The Game Show Network, DMX Music, ARTISTdirect, Inc., Liberty Digital, and LodgeNet Entertainment Corporation and is a trustee of numerous non-profit organizations.

"We are pleased to announce the appointments of Betsey Nelson and Jarl Mohn to CNET Networks' Board of Directors," said Shelby Bonnie, Chairman and Chief Executive Officer of CNET Networks. "We believe that the collective experience of both Betsey and Jarl will be a valuable asset as we seek to expand our leadership position in the interactive content category."

CNET Networks also announced that Eric Hippeau, a managing partner of Softbank Capital Partners and the former Chairman and Chief Executive Officer of Ziff-Davis, Inc., has retired from its Board of Directors. Mr. Hippeau joined the CNET Networks Board in October 2000 upon CNET Networks' acquisition of ZDNet, the Internet business of Ziff-Davis, Inc.

"We are grateful to Eric for the guidance and counseling he provided us through the integration of ZDNet and in the subsequent years," said Mr. Bonnie.

About CNET Networks, Inc.

CNET Networks, Inc. (www.cnetnetworks.com) is a leading global media company informing and connecting buyers, users and sellers of personal technology, business technology, and games and entertainment. Known for its editorial expertise, CNET Networks combines its award winning content with the power of interactive technology to provide it's users an intuitive, dynamic and relevant environment. The company's content portfolio features top brands including CNET, ZDNet, TechRepublic, GameSpot, and mySimon, as well as Computer Shopper magazine, and CNET Channel. With a strong presence in the US, Asia and Europe, CNET Networks has operations in 12 countries.

SOURCE: CNET Networks, Inc.

CNET Networks, Inc.
Cammeron Finnegan, 415-344-2844 (Investor)
cammeron.finnegan@cnet.com
Martha Papalia, 617-225-3340 (Media)
martha.papalia@cnet.com
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