News Corp. Acquires IGN Entertainment
Posted on September 8, 2005
News. Corp's acquisitions of web properties continues with the purchase of IGN Entertainment, a network of entertainment websites with a focus on gaming. CNET says the transaction is expected to close in the fourth quarter of this year.
The acquisition follows News Corp's MySpace.com purchase earlier this Summer. MySpace.com and IGN's game and movie websites should mix well together. The question now is who will News Corp buy next? They seem to be on an Internet buying spree.
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