News

News Corp Buys IGN Entertainment

By Ed Oswald | Published September 8, 2005, 12:07 PM

Less than a month after its high-profile purchase of community site MySpace, News Corp said on Thursday that it would buy Internet company IGN Entertainment for $650 million. The network would become part of Fox's Interactive Media unit, and would push its U.S. web traffic to over 70 milllion users and 12 billion pageviews per month.

The deal is expected to close by the end of the year, and IGN CEO Mark Jung will remain in his position after the transition. IGN is most commonly known for its gaming Web sites GameSpy and GameStats.com among others, as well as movie review site Rotten Tomatoes.

Comments

View comments by with a score of at least

thedrow05
Sep 12, 2005 - 11:57 AM edited

this is just wonderful another great website gobbled up by a corporation that doesnt know its a** from its face.

I hope ign doesnt die because of fox's handling.

Score: 0

|
Post Reply

Google Chrome 4: Yes, it's fast, but is it usable?

As Betanews readers have responded to our stories about Chrome's JavaScript superiority...Does that mean we'd actually use this browser? Well...

Video: Netflix on PlayStation 3

Netflix has come to the PlayStation 3 via Blu-ray and BD-Live.

Verizon Wireless launches new Android, Chocolate, and ruggedized phones

The lower-priced Eris joins the Droid, while the Chocolate gets a touchscreen and more music playback.

Early sales figures for Windows 7 nicely high, but do we know why?

Fans of triple-digit surges in figures quoted by Betanews will love this one, as it appears Microsoft rediscovered how to pull off a software launch.

Myka announces its latest Linux-based 'net top box'

Myka's ION brings Boxee, XMBC, and much more to HDTVs.

What hath Mac wrought? A remembrance after a quarter-century

The reason there's a Macintosh today is not because of some brilliant flash of engineering genius, but because Apple had the audacity to learn from its mistakes.

Early build of Moblin 2.1 improves connectivity, but not device support

The Linux Foundation's Atom-centric OS yesterday received a major overhaul with the project release of Moblin 2.1 for netbooks and nettops.

The iPhone's China syndrome: Sales of 5,000 and climbing

There's actually a country where Apple's device is not a godsend, where sales can be measured in the dozens.

New European counterpart to FCC will ensure 'a more neutral net'

Late Thursday night, the ruling telecom administrators of the EU's member nations signed away their final authority to a new entity overseen by the EC.

Sophos study suggests Windows 7 UAC's default setting is self-defeating

Without any anti-virus installed, a Sophos test showed, User Account Control was only capable of thwarting just one malware package out of ten samples chosen.

Indiscreet tweet trips awareness of Web SSL vulnerability

A group of high-level security engineers had been making progress on thwarting a low-level threat to the Web, until somebody blurted it all out on Twitter.