IGN Gets Foxy

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.
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35.
 
Re: Gotta love them liberals
Sep 8, 2005, 15:20
nin
 
35.
Re: Gotta love them liberals Sep 8, 2005, 15:20
Sep 8, 2005, 15:20
 nin
 
I think what we can all agree on is that network news is total fucking garbage. News is presented as entertainment rather than information to increase understanding.

Exactly. Every one of them tries to pander to the most people...

America doesn't want news - it wants entertainment disguised as news, and agrees with their line of thinking, no matter how fucked up it is...



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GW: Nilaar Madalla, lvl 20 R/Mo / Xylos Gath, lvl 10 W/Mo

Don't look at me that way. It was An Honest Mistake. http://www.thebravery.com/
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       Re: Gotta love them liberals
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