Comment WebSite Director (Score 1) 280
If you mean "web content management" to mean organizing all your content, versioning, publishing from templates, automatically generating tables of contents, keeping track of the action items, controlling who on your web team can publish on the public web, and server-based content management, you'll want to look at WebSite Director from CyberTeams (http://www.cyberteams.com/).
I'm a very happy customer for WebSite Director.
My web teams use all the flavors of WebSite Director to manage some very large web sites, ranging from a database of stuff about lunar development (http://www.asi.org/) to sites about the computer game, The Sims (http://www.simgoddesses.com/). Our internal committees use WebSite Director Express for their work in progress. Frankly, we couldn't do what we do without WSD.
We're building a new system called SimsHost (http://www.simshost.com/) that will end up spanning multiple servers with more than 100 webmasters. I haven't found any way to do this without the WebSite Director suite short of starting from scratch writing our own CMS.
Greg Bennett, President
Artemis Society International