IGN Gets Foxy [Sep 08, 2005, 10:11 am ET] – Share – Viewing Comments
News Corporation to Acquire
IGN Entertainment, Inc. (thanks Frans) is the press release confirming
rumors that Rupert Murdock's media conglomerate is acquiring IGN Entertainment,
saying the transaction will involve $650 million in cash. Here's a bit on the
move:
With the addition of IGN, Intermix and Scout Media to the existing Fox-branded sites, News Corporation's U.S. web traffic will increase to nearly 70 million unique monthly users and more than 12 billion page impressions per month, putting the Company in the top echelon of most trafficked sites on the Internet today. The combined sites will also provide a powerful cross-promotional opportunity for Fox's television and film content and enable the company to more efficiently introduce new products and services using its enhanced web presence.
I like how I can put in a little right wing twist though and everyone goes into a tizzy, you guys helped make me laugh today, I needed that. That's one of the things I love about Blue's News! I'm just having a tough day at work so I tend to go overboard just a bit.
Your comments were far more than a little twist. Granted, so was my initial comment on this buyout of IGN, but I never claimed otherwise.
Parallax Abstraction
Ottawa, Canada
www.pxa.ca
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