The acquisition is a strange one considering CBS Interactive is the parent company of GameSpot and GameSpot is the former employer of much of the staff at Giant Bomb.
The two will be sharing office space under the terms of the new deal.
Giant Bomb was started in 2008 after Jeff Gerstmann, founder of Giant Bomb, was fired from his previous job at GameSpot. Many believed the termination had something to do with a controversial review he did about Eidos’ Kane and Lynch: Dead Men, GameSpot was promoting the title on it’s website at the time. Other editors walked out the door in protest after he was fired. Gerstmann has since made it clear his termination at GameSpot had nothing to do with the negative review.
Giant Bomb is telling people what’s happening with premium memberships in a FAQ on www.giantbomb.com, they will also be interviewing John Davison from GameSpot at 4pm PST.
UPDATE: This is a link to the video.