Web 2.0 Buys Release 1.0
..or so says Rafat, reporting from the Web 2.0 conference. He reports that CNET will be selling the influential Esther Dyson e-newsletter, Release 1.0, to O'Reilly Media. According to Rafat, Esther and partner Daphne Kis will not be making the move to O'Reilly with their title. While Release 1.0 may not have the clout that it had during the heady dot-com days, it's still got a strong brand and should do well within O'Reilly.
It also makes you wonder where CNET is headed. Both Fred Wilson and Jason Calacanis recently penned posts about how Michael Arrington's TechCrunch is poised to surpass CNET (with Jason, in fact, suggesting that Mike should be brought in to run the plummeting CNET).
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