CBS Buys Piece Of Electric Sheep

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CBS has invested in Electric Sheep, a company that essentially provide's the online real estate for clients, increasingly corporate clients, to create branded online worlds where users gather, commune, and buy.

CBS would not reveal how big a stake, but it will be part of $7 million in capital Electronic Sheep has been raising in its latest round of financing.

CBS has already been working with Electric Sheep on virtual communities, including for co-owned Showtime's L Word series.

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