CBS is folding College Sports Television Networks into the operations of CBS Sports, the company said Thursday.

Tony Petitti, executive VP and executive producer of CBS Sports, will oversee day-to-day operations of CSTV, replacing Brian Bedol, who founded the company and sold it to CBS.

CBS said Mr. Bedol will work with CBS Sports and News President Sean McManus and Mr. Petitti over the next few months to effect the transition. He will continue to work with CBS as a senior adviser to CBS CEO Les Moonves.

"Since becoming part of CBS Corp., CSTV has had the opportunity to grow bigger and faster and better than I could have ever imagined," Mr. Bedol said in a statement. "And now, as part of CBS Sports, it joins an institution that has become the model for all others in the sports media business. Leslie, Sean and Tony have created a culture built on pride, excellence and the love of sports, and I’m convinced that it is the perfect environment to continue CSTV’s evolution."