News Corporation buys IGN for $650 million

NikolaX

NikolaX

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IT'S OFFICIAL - IGN Entertainment, the owners of super-popular gaming website IGN.com, has signed a definitive agreement to be bought out by Murdoch's News Corporation. News Corp will pay $650 million for a set of sites.

For those not in the know, sites under the IGN network include IGN.com, GameSpy, GameSpy Arena, FilePlanet, TeamXbox, 3D Gamers, Direct2Drive, GameStats.com and a handful of sites under the Vault and Planet networks
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http://www.theinquirer.net/?article=26027
 
didnt know ign owned all those, wow, major bucks...
 
halflife2.net might be next! :O

(Well not really).
 
I thought it was baught by fox?

I never thought IGN was such a big network, wow!
 
I wonder what will become... Or will they stay the same.. Hmm..
 
I didn't know IGN was so big. I can't understand why IGN charge/have subcriptions on IGN.com Fileplanet etc for faster downloads yet 3D gamers is free to use fast servers :/
 
Guess what..
Fileplanet to newsplays?
3djournalists?
Newspy?
TeamNEWS??
Direct2News??
GameNews??

AHHHHH!!!
 
So bush can spread his propaganda!


Not really, but it's worth the try.
 
Prince of China said:
Why would Fox want to buy those guys?
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This move is part of News Corp.'s plans to increase its presence online and follows the acquisition of Intermix - which ran MySpace.com - and a college sports outlet Scout Media.
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Rupert Murdoch put down his can of Fosters for a moment to say, "with the acquisition of IGN and its 28 million users, we have gone a long way toward achieving two of our key strategic objectives in our efforts to become a leading and profitable internet presence." Those objects were to enhance online reach and to "leverage the unique competencies the company enjoys with its news, sports, and entertainment assets to create a leading internet destination." Bonza!
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There ye have it.

http://www.theinquirer.net/?article=26027
 
Wow, I was just reading, and discussing about this sort of thing in class today. This buisness is crazy, buyouts and mergers, and bankruptcies galore. And I know I spelt that wrong, but im too tired to fix it.
 
Yeah, pity... i love planetblackandwhite...
 
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